Airclad Ltd

Airclad Ltd, based in Kingston, UK, is a small, active company founded ten years ago in 2014. With a single employee and £1,060,374 in assets, it's a solo founder operation managed by three directors. The company operates as an irregular importer of furniture, lighting, and prefabricated buildings (2 months imported) and a regular exporter of the same products (6 months exported). It’s a real address, with only six companies registered there, which is good.

The company’s website, Airclad X, paints a picture of a forward-thinking business focused on modular architecture and design. It offers a range of services, from design and construction to leasing and franchising. The site emphasizes innovation, sustainability, and creating "motivating" spaces. There's a focus on fast architecture, with a "X" branding across various products like "Expro Express X" and "XES." The site also highlights a "Newsreel" section with updates and a newsletter signup, and even a "Leadership" section featuring Nick Crosbie, the founder and creative director. It's a lot to take in, and the website is very design-focused.

Financially, Airclad Ltd presents a mixed picture. While cash bank on hand increased significantly by 180% to £500,000, net assets declined by 40% to £150,000. Creditors also increased by 41% to £1,000,000, suggesting the company is relying more on borrowed money. Trade debtors, however, decreased by 13%, which is a positive sign. The company’s size—meeting two of three conditions to be considered small—allows for flexibility, but the decrease in equity is something to keep an eye on. The company’s deferred income has also decreased significantly, which could indicate a slowdown in future sales. The accounts are unaudited, which is common for small companies.

Overall, Airclad Ltd seems to be navigating a period of change. While it has a strong brand and innovative products, the financial data suggests it’s burning through cash. It’s not clear if this is a temporary situation or a longer-term trend, but the company will need to manage its finances carefully to ensure its survival.

Registered in England/Wales under the registration number 09336069, with a registered address at KT2 6LQ, United Kingdom, Kingston, 57 Canbury Park Road.

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