Aircraft Coverings Limited
- Small
- Active
- 7 years
- £35,616 (assets)
- Virtual address
- 1 director
- 1 owner
- Regular importer
- Solo founder
- Rating 5.0 (2)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Aircraft Coverings Ltd, based in Yeovil, UK, is a small, active company founded seven years ago. With £47,201 in assets and a virtual address shared by 41 other companies, it’s a solo-founded operation led by a single director and owner. The business has a perfect 5.0 Google rating based on two reviews and regularly imports man-made filaments, with the latest shipment arriving in August 2023.
The company’s website highlights its role as the authorised UK distributor for PolyFiber aircraft coatings. It offers training videos, tutorials, and ongoing technical support to DIYers and larger projects alike. The site emphasizes family ownership and British craftsmanship, catering to both first-time builders and experienced restorers. It also provides a free PolyFiber English Manual download and showcases its suppliers in California.
Financially, Aircraft Coverings Ltd is showing some concerning trends. Current assets have fallen by 35% to £47,000, and net assets have dropped by a significant 86% to -£24,000. Cash reserves have plummeted 93% to just £1,100, while bank borrowings have increased to £100. Creditors have decreased by 13%, which is a positive sign, but other debtors have fallen by 88%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps keep costs down, but the sharp decline in equity is a worry. No auditor is mentioned, which is typical for a small company.
Overall, Aircraft Coverings Ltd is facing financial pressures, despite its strong reputation and specialized niche. It will be interesting to see how the company navigates these challenges and whether it can maintain its position as a leading supplier of PolyFiber products.
Registered in England/Wales under the registration number 10978424, with a registered address at BA20 1DW, England, Yeovil, Somerset, 1 Park Gardens.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 7 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 7 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Total exemption full accounts made up to 2024-09-30Download 8 pages pdf report
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Confirmation statement made on 2024-09-22 with updatesDownload 5 pages pdf report
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Total exemption full accounts made up to 2023-09-30Download 8 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Aircraft Coverings Limited
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