Newbow Aerospace Limited

Newbow Aerospace Ltd from Brierley Hill UK: a small, holding company with an active status, was founded 60 years ago in 1964. Employing 15 people, the company holds assets worth £1,178,543, but operates from a virtual address – a bit odd, as 122 other companies are registered at the same location. With three directors and one owner, Newbow Aerospace is a regular importer and exporter of optical and medical tools and devices, having imported for 11 months and exported for a substantial 185 months.

The company’s website reveals a focus on ground support equipment for the aviation industry. It’s a diversified business, offering everything from nitrogen service carts and tyre pressure gauges to wheel brake change trailers and even wheel storage stands. Newbow Aerospace caters to commercial and defence aviation, supporting airlines, maintenance centres, and armed forces. The site highlights a commitment to quality, safety, and long-term performance, emphasizing its 60-year heritage and British craftsmanship. They even have a section for line base maintenance tools, and a contact form for enquiries.

Financially, Newbow Aerospace presents a mixed picture. While net assets increased by 16% to £600,000, cash reserves saw a significant drop of 71%, falling to £200,000. Bank borrowings rose by 5.6% to £76,000, and trade creditors increased by 26% to £270,000. The company’s small size – meeting two out of three criteria for a small company – allows for agility, but the decrease in cash reserves is something to keep an eye on. The company’s unaudited accounts, as it’s exempt from an audit as a small company, rely on director-reported data.

Overall, Newbow Aerospace appears to be a long-standing player in a niche market, but the financial figures suggest it’s navigating some challenges. The company's reliance on a virtual address also raises questions about its operational structure.

Registered in England/Wales under the registration number 00827698, with a registered address at DY5 3EE, Brierley Hill, West Midlands, Swinford House, Albion Street.

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