Air Technology Limited

Air Technology Ltd, based in Loughborough, UK, is a small, active company founded 37 years ago in 1987. With 12 employees and £907,189 in assets, it’s a well-established player in its field. The company has five directors and two owners, and boasts a perfect 5.0 Google rating from a single review. It’s an irregular importer, specializing in optical and medical tools and devices, with its last import activity recorded one month ago in September 2023.

The company operates in the technical testing and analysis industries, offering energy-saving solutions, troubleshooting, and project work, particularly in compressed air, water, and inert gases. Its website highlights expertise in wastewater management and compressed air systems, serving a wide range of clients and even offering services overseas. Currently, they are hiring a Wastewater Process Engineer.

Financially, Air Technology Ltd shows some interesting trends. While cash reserves increased by 2.1% to £580,000, current assets declined by 14% to £910,000. Trade debtors decreased significantly, dropping 59% to £150,000, which could indicate improved collection practices, but also a slowdown in sales. Creditors also decreased, falling 27% to £34,000. The company’s size qualifies it as a small entity, meeting two of three criteria—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and the unaudited financial statements are prepared under the small companies regime. There's no auditor mentioned, which is common for companies of this size. The sharp decrease in trade debtors is a bit concerning, but the increase in cash reserves suggests the company is managing its finances reasonably well.

Registered in England/Wales under the registration number 02157358, with a registered address at LE11 5XN, Loughborough, Leicestershire, Unit 1 Oaks Industrial Estate, Festival Drive.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.