Amx Support Uk Ltd

Amx Support Uk Ltd is a small, active company based in Luton, UK, founded five years ago in 2020. With just one employee and £64,140 in assets, it’s a lean operation managed by two directors and one owner. The company has a real address and operates from London Luton Airport. It’s an irregular importer of optical and medical tools and devices (just one month of imports recorded in 2022) but a regular exporter of electrical machinery and equipment (seven months of exports, the last in September 2023).

The company’s website, AMX Support Aircraft MRO Company, indicates a focus on aircraft maintenance, repair, and overhaul (MRO) services. It appears to be a B2B operation, not an e-commerce site, catering to the aviation industry. The company also seems to be involved in the sale of a variety of goods.

Financially, Amx Support Uk Ltd’s recent performance shows some concerning trends. Accumulated depreciation impairment on plant and machinery decreased by 37%, which could indicate reduced investment or asset disposals. However, amounts owed to group undertakings increased significantly, by 140%, suggesting greater reliance on external funding. The number of employees reported during the period dropped to zero, a substantial decline from one, which is a worrying sign. Cash bank on hand decreased by 64%, and current assets plummeted 44% to £64,000. Trade debtors also decreased, which is a positive. The company’s small size (meeting two of three conditions for being a small company) helps it stay flexible, but the decrease in equity, down 60% to just £34,000, is a significant red flag. There is no auditor mentioned, so the figures are unaudited.

Overall, Amx Support Uk Ltd is facing financial pressures. The decrease in cash and equity, combined with the drop in employee numbers, suggests the company is burning through money. While the MRO business may be stable, the financial numbers indicate a need for careful management and possibly a change in strategy to avoid further decline.

Registered in England/Wales under the registration number 12460416, with a registered address at LU2 9NQ, England, Luton, London Luton Airport - Terminal 2 Signature Flight Support, Britannia House, Frank Lester Way.

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