Airquick (newark) Limited

Airquick Newark Ltd from Newark UK is a small, family-run business with an active status, established 51 years ago. Employing 47 people, the company holds £2,145,351 in assets and operates from a real address. With six directors and three owners, it maintains a Google rating of 4.0 based on three reviews. The company is an irregular importer of optical and medical tools and devices (1 month imported) and an irregular exporter of electrical machinery and equipment (1 month exported).

Airquick’s website showcases a diverse range of industrial services and products. While its core business appears to be the sale of machinery, industrial equipment, and related items, it also offers specialized services like rail trainwash systems, fuelling systems, and mobile specialist equipment. The website’s structure suggests a focus on B2B sales, with dedicated sections for industrial clients, trade counter sales, and contracts. There’s no obvious indication of e-commerce functionality—the site seems more geared towards generating leads and showcasing capabilities.

Financially, Airquick Newark Ltd is showing some concerning trends. While assets remain substantial, there's been a significant drop in net assets, falling 38% to £1,900,000. Current assets have also declined sharply, decreasing by 47% to £1,100,000. Bank borrowings have increased by 15%, reaching £26,000, and cash reserves have fallen 8%, sitting at -£210,000. Trade debtors have also decreased by 37%, which could be a positive sign of improved collection, or a sign of reduced sales. 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 it stay agile, but the decline in equity raises questions about its long-term financial health. The unaudited financial statements, due to the company’s small size, rely on director-reported data.

Despite these challenges, Airquick’s longevity and diverse service offerings suggest resilience. The company's focus on specialized industrial solutions—from rail maintenance to fuelling systems—positions it to serve niche markets. It’s likely that the company is navigating a period of adjustment, perhaps due to changing market conditions or increased competition, but its established presence and skilled workforce provide a foundation for future success.

Registered in England/Wales under the registration number 01169376, with a registered address at NG24 2AG, Newark, Nottinghamshire, Brunel Business Park, Jessop Close.

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