Airborne Composites Ltd

Airborne Composites Ltd from Lambourn UK is a small company with an active status, established 29 years ago. Employing 33 people, it holds £3,938,070 in assets and operates from a real address, managed by two directors and one owner. The company regularly imports electrical machinery and equipment (10 months) and exports furniture, lighting, and prefabricated buildings (8 months).

The business is involved in the manufacture of special-purpose machinery, air and spacecraft components, and related equipment. It’s a small company, meeting two of three criteria: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company’s website is non-existent, which suggests a business-to-business operation rather than a direct-to-consumer model.

Financially, Airborne Composites Ltd’s performance shows some concerning trends. Accumulated amortisation impairment for intangible assets has increased by a significant 93%, largely due to development costs. Depreciation on plant and machinery has also risen by 44%. While cash reserves have improved by 78%, creditors have surged by 54%, reaching £10 million, and net assets have decreased by 19%. The company’s average number of employees has increased by 15% to 38, which may reflect growing demand or increased production costs. Trade debtors have also increased substantially, by 190%, suggesting difficulties in collecting payments from customers.

Despite these challenges, the company’s fixed assets have grown by 29%, indicating investment in its production capabilities. Future minimum lease payments have also increased, which could put a strain on cash flow. The accounts are unaudited, and the company's financial statements are prepared in accordance with FRS 30. The company's auditor is David Owen & Co. Overall, Airborne Composites Ltd appears to be facing financial pressures, although it’s continuing to invest in its operations.

Registered in England/Wales under the registration number 03141381, with a registered address at RG17 7TJ, Lambourn, Berkshire, Membury Airfield.

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