Covington Aircraft Eu Ltd

Covington Aircraft Eu Ltd is a small, active company based in Christchurch, UK, founded five years ago in 2019. With just two employees and £45,731 in assets, it operates from a virtual address shared by twenty-seven other companies—a little odd, really. The company is run by three directors and four owners, and it’s described as a family business.

The company’s core business revolves around importing and exporting machinery, boilers, and mechanical appliances, particularly parts. It's been regularly importing for 85 months, with the most recent import occurring in February 2025, and exporting for 65 months, with the last export also in February 2025. The company operates in the repair and maintenance of aircraft and spacecraft industries.

Financially, Covington Aircraft Eu Ltd’s numbers present a mixed picture. Creditors have increased significantly, rising by 48% to £610,000, while cash bank on hand has decreased by 47% to £16,000. Net assets have taken a big hit, plummeting 290% to £480,000. Bank borrowings have also increased, rising by 52% to £590,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited. The substantial increase in creditors, however, suggests the company is relying more on credit from suppliers. It's possible this is a strategic move to fuel growth, but it also carries risks. The decrease in cash reserves is something to keep an eye on.

Registered in England/Wales under the registration number 12263538, with a registered address at BH23 1EF, England, Christchurch, Dorset, 10 Bridge Street.

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