Las Aerospace Ltd.

Las Aerospace Ltd, based in Okehampton, UK, is a small holding company with an active status, having been established 38 years ago in 1986. The company employs 19 people and holds assets valued at £2,414,145. It operates from a real address and is overseen by three directors and a single owner. A regular importer and exporter, Las Aerospace Ltd specializes in iron or steel products, with 341 months of import activity and 202 months of export activity recorded.

The company's website, The Aerospace Corporation, paints a picture of a much larger organization. It's a leading architect for national space programs, delivering solutions for space, connecting the space enterprise, and shaping the future of space. The site highlights a wide range of services, including space policy, expertise in orbital debris, and partnerships with both government and commercial entities. It also emphasizes career opportunities, technical workshops, and a commitment to innovation and collaboration. They seem to be doing a lot of work, but it’s not clear how much of it is directly attributable to Las Aerospace Ltd itself.

Financially, Las Aerospace Ltd’s recent performance shows some concerning trends. Cash bank on hand has decreased by 12%, dropping to £840,000, while current assets have increased by 14% to £2,400,000. However, net assets have seen a significant jump of 25%, rising to £2,300,000. Trade debtors have increased dramatically by 160%, reaching £280,000, which could indicate issues with customer payments or an expansion of credit terms. On a positive note, creditors have decreased by 7.2%, suggesting improved debt management. The company’s small size (meeting two of three conditions for being a small company) allows for agility, but the increased debtors are something to keep an eye on. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Las Aerospace Ltd appears to be a stable, albeit small, company within a larger aerospace ecosystem. While the financial numbers show some volatility, the company’s long history and involvement in a vital industry suggest a resilient business.

Registered in England/Wales under the registration number 02041506, with a registered address at EX20 1BQ, United Kingdom, Okehampton, Devon, Concorde House, North Road Industrial Estate.

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