Oros Aerospace Ltd

Oros Aerospace Ltd, based in Burnley, UK, is a small, active family business founded eight years ago. Employing five people, the company holds £1,308,297 in assets and operates from a real address. With two directors and two owners, it's a tight-knit operation. While it regularly exports machinery, boilers, and mechanical appliances parts (40 months), it hasn's imported anything in the last 14 months.

The company’s website showcases a specialized business: the sale, repair, and restoration of aircraft components, particularly PT6A, PT6T, and PW200 engines. It offers a wide range of parts and accessories, catering to the aerospace industry. The site highlights new and used components, and even offers an accessory exchange program. The company also has a warehouse and international office, with locations in Manchester, Frankfurt, Vancouver, and Dallas.

Financially, Oros Aerospace Ltd’s numbers tell a mixed story. Creditors have increased by a significant 8.4%, reaching £910,000, while trade debtors have surged by an impressive 490%, now standing at £570,000. This could indicate increased sales on credit, but also potential collection issues. Cash on hand has decreased slightly, falling 2% to £670,000. Net assets have also declined by 9%, settling at £740,000. Borrowings have increased dramatically, by 620%, now totaling £270,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debt raises some questions. The company is exempt from an audit, so the numbers are unaudited.

Overall, Oros Aerospace Ltd appears to be navigating a period of growth and change. While the increase in debt is a concern, the company’s specialized focus and international reach suggest it has potential for long-term success.

Registered in England/Wales under the registration number 10543529, with a registered address at BB11 1JG, England, Burnley, Lancashire, 1st Floor Block C, The Wharf.

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