Aire Bearings Limited

Aire Bearings Ltd, based in Leeds, UK, is a small, family-run business with an active status. Established 22 years ago in 2003, the company employs five people and holds £550,032 in assets. It operates from a real address and is managed by four directors, owned by three individuals. The business runs an e-commerce site and regularly imports vehicles, parts, and accessories—a trend observed over the last 11 months, with the latest import occurring in January 2025. Google users have rated it a perfect 5.0 based on two reviews.

The company's website showcases a wide range of bearings and power transmission products, catering to industrial and mechanical applications. From angular contact ball bearings to V-belts and key steel, the site positions Aire Bearings as a comprehensive supplier. It also offers a selection of tools and ancillaries, including bearing pullers, circlip pliers, and grease guns, alongside a range of maintenance adhesives and sealants. The site's blog features articles on bearing installation and maintenance, highlighting the company's expertise.

Financially, Aire Bearings Ltd presents a mixed picture. Cash bank on hand increased by 5.7% to £370,000, and total assets less current liabilities grew by 8.5% to £370,000. However, accrued liabilities increased by 5.0% to £3,400, and corporation tax payable jumped significantly by 140% to £42,000. The number of average employees during the period increased by a substantial 60% to eight—a notable shift. Trade debtors increased by 20% to £120,000, while creditors decreased by 24% to £97,000. The company's small size—meeting two of three criteria for being a small company—allows for agility. No auditor is mentioned, which is likely due to its status as a small company.

Overall, Aire Bearings Ltd appears to be growing, with increased cash reserves and total assets. However, the rise in tax liabilities and the increase in the number of employees suggest the company is expanding its operations, which could be a good sign, but also presents challenges. The company’s ability to manage its debts and continue its growth trajectory will be key to its long-term success.

Registered in England/Wales under the registration number 04650086, with a registered address at LS28 6DD, Leeds, West Yorkshire, 34 Bradford Road, Stanningley.

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