Ag Compressed Air Limited

Compressed Air Ag Ltd from Stanley UK: a small company with an active status, was founded 10 years ago and employs 10 people. It holds £443,414 in assets and has a real address, managed by two directors and two owners, boasting a stellar 5.0 Google rating from nine reviews. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts, with the last import operation occurring just one month ago in April 2024.

The business operates in the steam and air conditioning supply industries, and its website, though currently unavailable for direct analysis, suggests a focus on compressed air solutions. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Financially, Compressed Air Ag Ltd’s recent report shows some interesting trends. Cash bank on hand has decreased by a significant 44% to £100,000, while current assets have fallen 21% to £440,000. Bank borrowings have also decreased by 45% to £12,000. However, creditors have decreased by 12% to £85,000, suggesting improved debt management. Trade debtors have also decreased by 17% to £240,000. The company’s net assets have fallen by 11% to £97,000. The company’s average number of employees has increased by 20% to 12. It's likely that the company is facing some financial pressures, but it's also managing its debts effectively. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

Registered in England/Wales under the registration number 09130819, with a registered address at DH9 8UJ, United Kingdom, Stanley, Co Durham, Unit 1-3 Harelaw Industrial Estate, North Road.

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