Airtech Advanced Materials Uk Ltd

Airtech Advanced Materials UK Ltd, based in Oldham, UK, is a holding company with an active status, having operated for 29 years. Employing 95 people, the company holds significant assets, totaling £44,268,042. With four directors and one owner, it’s a relatively structured organization. Google ratings sit at a modest 3.0 based on 12 reviews, and the company is a regular importer and exporter of plastics and plastic products, with 676 months of import and 629 months of export activity recorded.

The company's website reveals a focus on composite tooling manufacturing, with a strong emphasis on large-scale 3D printing and related services. Airtech isn’t just a supplier; it’s a provider of comprehensive solutions, including printing, tooling, and even training. They cater to a range of industries, from aerospace and wind energy to automotive and recreation, highlighting their versatility. The website also mentions partnerships with companies like KraussMaffei and Ascent Aerospace, suggesting a commitment to innovation and collaboration.

Financially, Airtech Advanced Materials UK Ltd appears to be in a healthy position. Current assets remained steady at £44,000,000, while net assets increased by a substantial 17% to £48,000,000. Cash bank on hand also grew by 9% to £31,000,000. Bank borrowings remained stable, and creditors decreased by 4%, indicating improved debt management. The company’s comprehensive income expense increased by 19% to £3,700,000. However, a significant increase in future minimum lease payments, up 230% to £120,000, could be a factor to watch. Wyatt Morris Golland Ltd served as the company’s auditor.

The company’s growth in assets and income suggests a successful business model, but the increase in lease payments warrants further investigation. The company’s focus on advanced manufacturing technologies and its diverse customer base position it well for continued success, although the Google rating could benefit from improvement.

Registered in England/Wales under the registration number 03153600, with a registered address at OL9 9XD, Oldham, The Causeway Oldham Broadway Business Park, Chadderton.

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