Airline Component Services Limited

Airline Component Services Limited, based in Braintree, UK, is a holding company with a solid 19-year history. Employing 49 people, the company boasts £14,075,029 in assets and generates £15,487,477 in revenue annually. It’s a real address, managed by four directors and two owners, and regularly imports and exports aircraft, spacecraft, and their parts – 16 months of imports and 15 months of exports recorded.

The company operates as a specialist stockist of rotable flight controls and structural components for Airbus and Boeing aircraft. They provide expert technical knowledge and an extensive inventory, available for exchange, loan, or sale. ACS emphasizes trust, reliability, and proven expertise, maintaining a global inventory and serving customers worldwide. They recently received the prestigious King’s Award for Enterprise 2024 in the International Trade category, a testament to their growth and commitment.

Financially, Airline Component Services Limited shows a mixed picture. While the company’s revenue is strong, there's been a significant increase in accumulated depreciation and impairment of property, plant, and equipment – up 130% to £84,000. This suggests increased wear and tear or potentially older assets. Interestingly, there's been a large decrease in cash and cash equivalents, dropping 41% to £2.1 million. However, trade debtors have increased by 41%, which could be a sign of expanding sales but also a potential risk of delayed payments. Bank borrowings have also increased by 38%, which may be to support growth or cover short-term cash flow gaps. The lack of an auditor mentioned in the report suggests the company is exempt, relying on unaudited statements.

Overall, Airline Component Services Limited appears to be a well-established player in its niche market, but the financial data indicates a need for careful monitoring of cash flow and asset management. The company's global presence and recent award highlight its strengths, but the rising depreciation and increased borrowing suggest a need for continued vigilance.

Registered in England/Wales under the registration number 05596134, with a registered address at CM7 2DH, United Kingdom, Braintree, Essex, 2 Bradbury Park, Bradbury Drive.

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