Borescope Aviation Limited

Borescope Aviation Limited, based in Staines-Upon-Thames, UK, is a small, active company founded nine years ago in 2016. With four employees and £148,710 in assets, it operates from a virtual address shared by 59 other companies, managed by a single director and owner. The company regularly imports and exports, though the specific categories remain unspecified over the past 25 months.

The company’s website reveals a specialized supplier of commercial aircraft rotables, focusing on the supply and management of components like wheels, brakes, avionics, and engine parts. It caters to the commercial aviation market, particularly regional and narrow-body fleets, with a focus on quick response and support, even offering 24/7 AOG (Aircraft On Ground) assistance. Borescope Aviation partners with repair facilities and OEMs, offering solutions like Power By Hour exchanges and support programs. It also purchases surplus rotable inventory.

Financially, Borescope Aviation shows a mixed picture. Current assets have significantly dropped by 51%, falling to £150,000, while net assets have also decreased, though less dramatically, rising by 25% to £73,000. Bank borrowings have been reduced by 35%, down to £20,000, and cash reserves have plummeted 55%, leaving just £120,000. Creditors have also decreased by 35%, suggesting improved debt management, but other debtors have fallen dramatically, down 96%. The company's small size (meeting two of three criteria for a small company) allows for agility, but the decline in cash and debtors is concerning. The company’s accounts are unaudited, as it is exempt from an audit.

While Borescope Aviation appears to be a specialized supplier with a focus on customer service, the financial data suggests it may be burning through cash. The company's reliance on a virtual address and lack of employee growth could be contributing factors, but more information is needed to fully assess its long-term viability.

Registered in England/Wales under the registration number 10055349, with a registered address at TW18 4AX, England, Staines-Upon-Thames, Centurion House, London Road.

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