Aquila Electronics Limited

Aquila Electronics Ltd, based in Stafford, UK, is a small, family-run business with an active status. Established 25 years ago, the company employs just two people and holds £161,264 in assets. It has a real address and is managed by three directors and two owners. Google reviews give it a perfect 5.0 rating based on a single review. The company is a regular importer, although its top import category is currently listed as "None," with the last import operation occurring in May 2024.

The company’s website showcases its specialization in taximeters and accessories. It manufactures and supplies a range of taximeter products, including the M12 Mirror Meter, the T2 Taximeter, and the compact TTiny. The site also features news updates, including announcements about new tariff programming software, product launches, and compliance with the Measuring Instruments Directive. Aquila Electronics appears to operate as a dealer network, providing support and access to tariff programs to dealers.

Financially, Aquila Electronics Ltd presents a mixed picture. Current assets have decreased by 22%, falling to £160,000, while net assets have also dropped by 6.1% to £92,000. Bank borrowings have increased by 22%, reaching £14,000, and cash reserves have decreased by 22% to £110,000. Creditors have also fallen by 36%, which could indicate better management of short-term liabilities. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity suggests potential financial pressures. The accounts are unaudited, as is typical for small companies.

Registered in England/Wales under the registration number 03885863, with a registered address at ST20 0QT, Stafford, 1 Barley Orchard, Gnosall.

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