Avelair Limited

Avelair Limited, based in Bury St Edmunds, UK, is a small holding company with an active status, celebrating 32 years in business. Employing 25 people and holding assets of £2,010,090, the company operates from a real address and is overseen by three directors and three owners. It's a regular importer and exporter, specializing in machinery, boilers, and mechanical appliances, with a history of 95 months of imports and 8 months of exports.

The company’s website highlights its focus on compressed air risk management solutions. From ATEX compressed air purification to testing and analysis of air quality, Avelair provides services and products to ensure safety and reliability. It offers training programs, including compressed air functional safety training, and case studies demonstrating its work with various clients. The company also boasts a Dive System Safety Assurance Process, a testament to its expertise in critical safety applications.

Financially, Avelair Limited’s numbers present a mixed picture. While net assets increased by a substantial 180%, reaching £1,400,000, cash reserves declined by 61%, dropping to £290,000. Bank borrowings remained steady, and creditors decreased slightly. Trade debtors increased by 11%, which could indicate an expansion of credit terms. The company’s small size—meeting two of three criteria for being a small company—allows for flexibility, but the decrease in cash reserves warrants attention. The company's accounts were audited by MA Partners Audit LLP, which is a good sign.

Overall, Avelair Limited appears to be a stable, albeit somewhat cash-constrained, business operating in a specialized niche. The company’s focus on safety and risk management, coupled with its established reputation, suggests a solid foundation for continued success, but keeping a close eye on cash flow will be important.

Registered in England/Wales under the registration number 02800984, with a registered address at IP30 9ND, Bury St Edmunds, Suffolk, Unit C Fred Castle Way, Rougham Industrial Estate.

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