Allaero Limited

Allaero Ltd, based in Crawley, UK, is a sizable company with an active status, having operated for 36 years. Employing 18 people and boasting assets of £7,388,790, the company generated a revenue of £13,762,049 in its most recent financial year. With four directors and one owner, Allaero maintains a perfect 5.0 Google rating based on 15 reviews, indicating strong customer satisfaction. The company regularly imports and exports electrical machinery and equipment, with a substantial history of 1132 months of imports and 870 months of exports.

Allaero specializes in supplying business aircraft parts, operating as a key link in the aerospace supply chain. Their website, allaero.com, serves as an online portal for customers to sign in, browse their extensive inventory, and manage their accounts. The site showcases a wide range of parts for various aircraft manufacturers, including Bombardier, Embraer, and Textron Aviation. Services offered extend beyond parts supply, encompassing repair capabilities, facility options, and consignment inventories. The website’s design and functionality suggest a focus on serving a global customer base, with a clear emphasis on efficiency and reliability.

Financially, Allaero’s recent performance presents a mixed picture. While current assets increased by 8.5% to £7,400,000, net assets rose a more substantial 15% to £6,500,000. However, bank borrowings increased significantly, and cash reserves fell by a considerable 38% to £960,000. This suggests a possible shift towards leveraging debt to fuel growth or manage working capital. The company’s turnover decreased by 5.6% to £14,000,000, indicating potential market challenges or strategic adjustments. The company’s auditor, Caldwell Penn Limited, has noted a need for adjustments to restate the prior year, specifically capitalizing computer software costs—a common practice for companies investing in technology. Despite these fluctuations, Allaero’s size (meeting two of three criteria for a large company) and its established presence in the aerospace sector position it as a resilient player in the industry.

Registered in England/Wales under the registration number 02326932, with a registered address at RH10 9RA, Crawley, West Sussex, Hawker House Link 10, Napier Way.

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