Cristal Air Limited

Cristal Air Ltd, based in Battle, UK, is a small, active company founded 25 years ago in 1999. With just two employees and £21,766 in assets, it’s a solo-founded operation managed by one director and owner. The company is an irregular importer, with no imports recorded for the last two months and the last import activity occurring in 2018.

Cristal Air Ltd operates from Spilsted Farm Airfield near Hastings, East Sussex, and specializes in aircraft maintenance, restoration, and repair. Its website highlights services like fresh paint livery, avionics upgrades, and aircraft hire, catering to a niche market of aircraft owners and operators. The company is a CAA-approved maintenance provider and emphasizes its commitment to quality craftsmanship.

Financially, Cristal Air Ltd presents a mixed picture. Current assets have decreased by 13% to £22,000, while net assets have fallen 22% to -£140,000. Bank borrowings have also decreased, but cash reserves remain steady at £11,000. Trade debtors have fallen, which is good, but creditors have also decreased. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, which is typical for small, exempt companies.

Overall, Cristal Air Ltd appears to be navigating a challenging financial landscape. While its specialized services and CAA approval suggest a strong foundation, the declining equity and reliance on bank borrowings indicate potential pressures. It’s a small business with a unique offering, but its long-term viability will depend on its ability to manage its finances and capitalize on its niche expertise.

Registered in England/Wales under the registration number 03877435, with a registered address at TN33 0PB, United Kingdom, Battle, East Sussex, Spilsted Farm Spilsted Farm, Stream Lane.

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