Airx Jet Support Limited

Airx Jet Support Ltd from St. Albans UK: a large company, active status, founded 19 years ago, employs 74 people, and holds £1,805,480 in assets. Its yearly revenue reached £11,945,509. The company operates from a virtual address, registered with 184 other companies, and is managed by three directors and a solo founder. It regularly imports electrical machinery and equipment (461 months) and exports aircraft, spacecraft, and their parts (46 months).

The company specializes in jet maintenance support, offering a wide range of services from base maintenance and avionics to spare parts and aircraft management. Its website details a comprehensive suite of services, including AOG support and aircraft on ground assistance. Notably, Airx Jet Support also manages a diverse fleet of 21 aircraft, informing its in-depth service provision and emphasizing transparency in pricing and timings. The company operates from multiple locations: Luton Airport, Stansted Airport, and Malta International Airport, catering to a broad customer base.

Financially, Airx Jet Support Ltd shows some interesting trends. Accrued liabilities surged by a massive 1500%, while amortisation of intangible assets increased by 67%. Bank borrowings remained steady at £5.6 million, and cash reserves declined significantly, dropping 93% to just £5,000. Despite these challenges, revenue grew substantially, increasing by 34% to £12 million. The company's large employee count (meeting two of three criteria for a large company) and substantial revenue suggest a robust operation, although the decline in cash reserves warrants closer attention. The company was audited by WMT, and the report was signed on October 10th, 2024. It’s likely the company is facing increased operating expenses, perhaps due to the growth in its workforce, but the strong revenue growth indicates that its services remain in demand.

Registered in England/Wales under the registration number 05651555, with a registered address at AL1 3RD, United Kingdom, St. Albans, Hertfordshire, 2nd Floor 4 Beaconsfield Road.

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