Kings Aviation Limited

Kings Aviation Limited, based in London, UK, is a small holding company with an active status, having operated for 31 years. The company employs just three people and holds £106,233 in assets, utilizing a virtual address shared by many other businesses. Managed by one director and one owner, Kings Aviation imports nothing regularly, but occasionally exports aircraft, spacecraft, and their parts.

The company’s core business revolves around aircraft maintenance and related services. Its website details a range of offerings, including aircraft parking, storage, avionics upgrades, and upholstery – catering to private jets, helicopters, and single-engine planes. Located near London and Southend Airport, Kings Aviation provides maintenance, servicing, and repairs, operating from a secure hangar. The company emphasizes its experienced engineering team and approved EASA and UK CAA service center status.

Financially, Kings Aviation Limited presents a concerning picture. While current assets remain at £110,000, equity has dramatically fallen to -£100,000, a decrease of 230%. Bank borrowings have risen significantly, and cash reserves have plummeted 66% to just £10,000. Creditors have surged by 330%, and trade debtors have dropped by 90%. The company’s small size (meeting two of three criteria for a small company) provides some agility, but the substantial equity decline suggests a burning through of capital. No auditor is mentioned, and the accounts are unaudited.

The company’s focus on specialized aircraft services and its location near a major airport suggest a niche market, but the financial data indicates a need for careful management to avoid further losses.

Registered in England/Wales under the registration number 02887078, with a registered address at N3 2JX, United Kingdom, London, Ground Floor Cooper House, 316 Regents Park Road.

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