Filton Systems Engineering Ltd

Filton Systems Engineering Ltd, based in Bristol, UK, is a small, holding company with an active status. Founded twelve years ago in 2012, the company employs 22 people and holds £2,413,498 in assets. It has two directors and one owner, and boasts a solid 4.0 Google rating from six reviews. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import operation recorded one month ago in April 2022.

The company’s website, Aerospace Testing International, is a comprehensive online resource for the aerospace industry. It’s not an e-commerce site; rather, it serves as a digital magazine and news platform, covering topics like testing, materials, drones, and space exploration. The site features articles, podcasts, videos, and a job board, catering to industry professionals. It also hosts events and showcases supplier spotlights, indicating a focus on networking and information dissemination within the aerospace sector.

Financially, Filton Systems Engineering Ltd shows a mixed picture. Current assets increased by 14%, reaching £2,400,000, while net assets jumped 50% to £1,600,000. However, bank borrowings decreased by 24%, falling to £550,000, and cash reserves plummeted 88%, leaving just £62,000. Creditors also decreased by 27%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the significant drop in cash reserves is a cause for concern. The increase in average employees reported, from 22 to 29, may indicate growth or increased workload. As a small company, it's likely exempt from an audit, and the financial statements are unaudited. The company's trading status is active, and it’s clear that it’s a well-established player in the aerospace information space.

Registered in England/Wales under the registration number 08230492, with a registered address at BS32 4JT, England, Bristol, 13 Apex Court Woodlands Lane, Bradley Stoke.

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