Compressed Air Engineering (redditch) Ltd

Compressed Air Engineering (Redditch) Ltd, based in Redditch, UK, is a small, family-run business with an active status. Established fifteen years ago in 2010, it employs five people and holds £303,077 in assets. The company operates from a real address and is overseen by two directors and two owners. It’s an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances, with its last import activity recorded just one month ago in May 2024.

The company’s website highlights its dedication to offering reliable and cost-effective solutions for all customers. It specializes in the supply of pneumatic and hydraulic components, air preparation equipment, and related accessories. The site functions primarily as an online catalogue and sales platform, allowing customers to browse products, compare specifications, and place orders. There’s a quick buy function, and the site even allows for CSV uploads for bulk orders – a feature aimed at streamlining the purchasing process for larger clients. It also features a "Shop by Brands" section, showcasing partnerships with well-known manufacturers.

Financially, Compressed Air Engineering (Redditch) Ltd presents a mixed picture. Current assets have decreased by 5.9% to £300,000, while net assets have fallen 5.2% to £210,000. Trade debtors have experienced a significant drop of 47%, which could indicate improved collections or reduced sales. However, creditors have also decreased by 16%, suggesting better debt management. Bank borrowings have increased, and cash reserves have fallen. 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 agility, but the decrease in equity is something to keep an eye on. No auditor is mentioned, which is typical for a small, exempt company.

Overall, Compressed Air Engineering (Redditch) Ltd seems to be navigating a period of adjustment. While its online presence and product range suggest a solid foundation, the financial figures indicate some challenges. The company's family-run nature and focus on customer service could be key to its long-term success, but it will need to address the financial pressures it’s currently facing.

Registered in England/Wales under the registration number 07142040, with a registered address at B98 0RB, Redditch, Worcestershire, Unit 37 Peltland Ind Estate Padgets Lane, South Moons.

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