Envair Limited

Envair Limited, a large company based in Manchester, UK, has been a fixture in the containment sector for 18 years. Employing 96 people and holding assets of £4,593,516, the firm operates as a holding company with four directors and a single owner. Its Google rating sits at 3.0 based on seven reviews. The company is a regular importer and exporter of machinery, boilers, and mechanical appliances; parts, with 5 months of import activity and 140 months of export activity recorded.

Envair Technology, as its website reveals, specializes in providing containment solutions for the pharmaceutical, healthcare, and laboratory industries. They offer a wide range of products, including rigid isolators, microbiological safety cabinets, fume cupboards, and ventilated enclosures. The company’s website highlights its commitment to innovation, quality, and customer service, with a focus on bespoke designs and global reach.

Financially, Envair Limited presents a mixed picture. While turnover increased by 13% to £7.2 million, profits plummeted by 130% to £540,000. This significant drop in profitability is concerning, especially considering that net assets also decreased by 27% to £2.8 million. Cash reserves fell 60% to £820,000, and bank borrowings surged by 500% to £100,000. Creditors decreased by 16%, which is a positive sign, suggesting improved debt management. The company’s size—meeting two of three criteria for a large company—helps it maintain agility. The lack of an auditor mentioned suggests that the financial statements are unaudited.

The sharp decline in profits, despite increased turnover, could be attributed to several factors, such as rising costs, increased competition, or changes in customer demand. It’s also worth noting that the company’s focus on bespoke solutions, while offering higher margins, may also expose it to project-related risks. The increase in bank borrowings suggests that the company may be relying more on external financing to support its operations.

Registered in England/Wales under the registration number 05892537, with a registered address at OL10 2TT, England, Manchester, Unit B11 Heywood Distribution Park.

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