Azura Engineering Limited

Azura Engineering Ltd, based in Chorley, UK, is a small, active company founded thirteen years ago in 2011. With seven employees and £1,275,229 in assets, it’s a modest operation overseen by three directors and two owners. The company has a real address and regularly imports and exports electrical machinery and equipment – 12 months of import activity and 10 months of export activity have been recorded.

Azura Engineering specializes in crafting bespoke automotive solutions, bringing clients' visions to life. It operates from a purpose-built facility that includes design, testing, and assembly capabilities. It’s a Tier 1 supplier to Ford and a trusted partner of Bosch Rexroth, showcasing a focus on high-quality engineering services. The company's website highlights expertise in automotive battery power management, customized touchscreens, and vehicle control systems, with a particular focus on the Camper Touchscreen for campervans. It also offers end-to-end design, validation, and production services, leveraging a network of global partners.

Financially, Azura Engineering’s numbers present a mixed picture. While current assets increased by a healthy 30% to £1.3 million, net assets experienced a significant jump of 51% to £670,000. However, cash bank on hand declined by 17% to £61,000, and corporation tax payable spiked dramatically, reaching £79,000. Trade debtors also decreased by 14%, suggesting improved collection efforts. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

The increase in corporation tax payable and the decrease in cash reserves could indicate increased profitability but also potential cash flow challenges. The company’s focus on specialized automotive solutions, however, suggests a sustainable business model, even if it requires careful financial management.

Registered in England/Wales under the registration number 07831981, with a registered address at PR7 1PS, England, Chorley, Office 9, Strawberry Fields Digital Hub, Euxton Lane.

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