Applied Acoustic Engineering Limited

Applied Acoustic Engineering Limited, based in Great Yarmouth, UK, is a large, holding company with an active status. Established 36 years ago in 1989, it employs 54 people and holds assets worth £5.55 million. The company’s yearly revenue is reported at £5.85 million. It has three directors and one owner, and boasts a perfect 5.0 Google rating from five reviews. The company’s registered address is a real address, with only one other company registered there.

The company specializes in the manufacture of electronic measuring, testing etc. equipment, not for industrial process control industries. It regularly imports and exports optical and medical tools and devices, with 107 months of import activity and 215 months of export activity. The company's website is not available for review.

Financially, Applied Acoustic Engineering Limited shows a mixed picture. While current assets increased by 12%, net assets increased by 19%. However, bank borrowings increased by 20%, and cash reserves increased by 150%. Staff costs increased by 7%, and operating expenses increased by 12%. The company's turnover increased by 20%, and profits increased by 13%. The company's deferred tax asset debtors decreased by 100%. The company's auditor is Stephenson Smart (East Anglia) Ltd East Coast.

The company’s financial trends suggest a period of growth, but also increased financial risk. The increase in bank borrowings and operating expenses, alongside the decrease in deferred tax asset debtars, could indicate that the company is burning through money. However, the increase in turnover and profits suggests that the company is still financially healthy. It's likely that the company is investing in its business to drive future growth.

Registered in England/Wales under the registration number 02357352, with a registered address at NR31 0NB, Great Yarmouth, Norfolk, Marine House, Marine Park, Gapton Hall Road.

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