Nicholson Mclaren Aviation Limited

Nicholson McLaren Aviation Ltd, based in Wokingham, UK, is a small, active company founded nineteen years ago. With twenty-three employees and £1,632,410 in assets, it's a well-established operation run by three directors and a solo founder, Endean Michael Bruce. The company regularly imports and exports machinery, boilers, and mechanical appliances – parts, with nineteen months of import activity and twenty-four months of export activity recorded.

The company specializes in aircraft engine overhaul and repair, boasting full UKCAA, FAA, EASA, and CAAB Part 145 approvals. Its website highlights expertise in Lycoming and Continental engine rebuilds, accessory and component overhauls, and non-destructive testing. It’s also an AVStar fuel systems sales, repair, and service centre. The business operates from the Hogwood Industrial Estate and caters to the aviation industry, offering services from engine repairs to performance tuning.

Financially, Nicholson McLaren Aviation Ltd presents a mixed picture. Current assets have increased by 22%, reaching £1,600,000, while net assets decreased by 7%, settling at £2,300,000. Bank borrowings have remained stable, and cash reserves have decreased by 38%, dropping to £130,000. Trade debtors have increased significantly, by 64%, reaching £730,000, suggesting a possible increase in sales or extended payment terms. The company meets two of three conditions to be considered small, with turnover under £10.2 million and assets under £5.1 million. As a small company, it’s exempt from an audit, so the figures are unaudited.

The rise in trade debtors could be a sign of growth, but it’s something to watch. The decrease in cash reserves, combined with the net asset decline, suggests the company might be reinvesting heavily in its business—perhaps expanding its capabilities or purchasing new equipment. Overall, Nicholson McLaren Aviation Ltd appears to be a solid, specialized business, though it’s important to monitor its cash flow and debt management closely.

Registered in England/Wales under the registration number 05696256, with a registered address at RG40 4QQ, Wokingham, Berkshire, 12 Ivanhoe Road, Hogwood Industrial Estate, Finchampstead.

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