Airblast Limited

Airblast Ltd from Peterborough, UK, is a small, active company established 39 years ago. With 22 employees and £3,272,975 in assets, it operates from a real address and is overseen by four directors and two owners. The company runs an e-commerce site and regularly imports and exports machinery, boilers, and mechanical appliances, including parts.

The website, Airblast Eurospray Direct, showcases a wide range of products, primarily focused on blasting and spray equipment, PPE, and related supplies. It’s clear that the company caters to professionals in surface preparation and finishing, offering everything from blast pots and hoses to spray guns and safety gear. The site also features a resource hub with informative articles and videos, demonstrating a commitment to customer support and industry expertise. It's a comprehensive online store, selling both equipment and spares.

Financially, Airblast Ltd’s recent report reveals some interesting trends. Accumulated depreciation on plant and machinery increased by 4.3%, suggesting ongoing investment in equipment. However, bank borrowings decreased by 48%, which is a positive sign. Cash bank on hand took a significant hit, falling 71% to £210,000 – a considerable drop. Trade debtors also decreased, which could be a result of better credit control. Despite these changes, net assets declined by 24% to £1,600,000. It’s a small company, meeting two of the three criteria for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is likely due to its small size.

The company's focus on machinery and parts, both imported and exported, suggests a B2B model, supplying businesses rather than individual consumers. The drop in cash reserves and the decline in net assets warrant further investigation, but the reduced bank borrowings indicate a potential effort to manage debt.

Registered in England/Wales under the registration number 01975297, with a registered address at PE6 9NF, Peterborough, King Street Industrial Estate, Langtoft.

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