Aires Ltd

Aires Ltd from Birmingham, UK, is a small, active company founded six years ago. With three employees and £336,210 in assets, it’s a modest operation led by a single director and owner. Google users rate it a perfect 5.0 based on eight reviews, and it regularly imports leather goods, travel bags, and animal harnesses—the latest shipment arriving in August 2024.

The company’s website paints a picture of a technology-driven relocation management firm. It focuses on positively impacting employee relocation experiences, offering services like mobility program management, technology solutions (MobilityX), and a network of vetted service providers. It’s clear they’re targeting larger companies needing to move employees internationally, emphasizing efficiency and a “caring attitude.” They even have a “MovePerX” program offering discounts on everyday services for relocating employees.

Financially, Aires Ltd presents a mixed bag. While bank borrowings decreased by 39%, cash reserves also fell by 2.5% to £7,500. Creditors decreased by 7.8%, which is a good sign, but net assets plummeted 76% to -£12,000—a significant drop. Director remuneration increased by 42%, reaching £23,000, and trade debtors rose by 65%, suggesting potential delays in customer payments. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the equity decline warrants attention. As a small company, it’s exempt from a full audit, so the figures are unaudited.

It seems Aires Ltd is navigating a period of change, potentially investing in its technology platform and services. Whether this investment will translate into long-term financial stability remains to be seen, but their focus on customer experience and technology positions them well in a competitive market.

Registered in England/Wales under the registration number 11609883, with a registered address at B19 3EX, England, Birmingham, 25 Smith Street, Hockley.

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