Airevapcool Limited

Airevapcool Limited, based in Egerton, UK, is a small, active company established 30 years ago in 1994. With just two employees and £279,922 in assets, it's a modest operation managed by three directors and a single owner, Bowen Terry. The company regularly imports machinery, boilers, and mechanical appliances, parts, with 9 months of import activity recorded as of January 2024.

Airevapcool operates as an agent specializing in the sale of other particular products, a niche that suggests a focused business model. Its website is not available, so it’s difficult to determine if it has an e-commerce presence.

Financially, Airevapcool shows a mixed picture. Current assets have decreased by 30% to £280,000, while cash bank on hand has increased significantly by 90% to £210,000. Trade debtors have fallen by a dramatic 75%, indicating improved collection of payments. However, creditors have also decreased by 66%, which could be a positive or negative sign depending on the company's purchasing practices. Equity has increased by 25% to £220,000, which is a good sign for the company's long-term health. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is common for small, exempt companies.

The significant decrease in trade debtors suggests improved cash flow management, while the rise in cash reserves provides a buffer against unexpected expenses. The company's financial statements are unaudited, so the numbers should be viewed with a degree of caution. Overall, Airevapcool appears to be navigating a period of change, with both challenges and opportunities ahead.

Registered in England/Wales under the registration number 02965153, with a registered address at TN27 9DU, England, Egerton, Kent, Stone Hill Oast, Stone Hill Road.

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