Airxcite Limited

Airxcite Ltd, based in Telford, UK, is a small, active company founded 27 years ago in 1997. With 17 employees and £4,187,043 in assets, it's a solo-founded operation led by a single director and owner, Karlstrom Kenneth Roland. The company is an irregular importer, primarily dealing in optical and medical tools and devices, with the last import operation recorded in November 2024.

The company operates in the "other amusement and recreation activities n.e.c." industries, and its website, Hot Air Balloon Promotions, showcases a unique business model. It specializes in aerial marketing and branding using hot air balloons, owned by Airxcite Limited, and even operates the Virgin Money London Marathon hot air balloon. The site highlights the company’s experience in creating custom advertising balloons and providing aerial marketing services, emphasizing its ability to reach potential customers in a memorable way.

Financially, Airxcite Ltd presents a mixed picture. While cash bank on hand increased by 8.4% to £2,800,000, net current assets liabilities increased by 14% to -£3,000,000. Creditors increased by 20% to £7,100,000, and trade debtors increased by 83% to £1,200,000. The company’s small size (meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for agility, but the increase in liabilities suggests a need for careful financial management. The company is exempt from an audit, so the numbers are unaudited. The company has published a commitment to UK effective stewardship code.

Registered in England/Wales under the registration number 03487563, with a registered address at TF3 3BD, Telford, Shropshire, Jesson House Stafford Court, Stafford Park 1.

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