P3 Engineering Ltd.

P3 Engineering Ltd, based in Kidlington, UK, is a small, family-run business with an active status, established eleven years ago. The company employs just two people and holds £19,295 in assets. It operates from a real address near London Oxford Airport and is managed by two directors and owners. While an irregular importer, with no specific category listed and just one month of imports recorded back in 2019, P3 Engineering Ltd specializes in the repair and maintenance of aircraft and spacecraft.

The company’s website highlights its diverse capabilities, ranging from printing and packaging automation to power generation and process control. It seems to offer a wide array of services, including designing, manufacturing, and delivering automation and control system solutions. The site emphasizes cost-effective solutions, a dynamic team of engineers, and a commitment to quality and customer focus. It even has a history section detailing its formation in 2008 and its service to various industries, including nuclear, paper printing, and chemical manufacturing.

Financially, P3 Engineering Ltd's recent performance shows a concerning trend. Current assets have plummeted by a staggering 61%, dropping to just £19,000, while net assets have also decreased significantly, falling 47% to £42,000. Cash bank on hand has suffered a dramatic 87% decline, leaving only £160. Creditors have risen by 47%, and other debt has increased by 310%, indicating a potential strain on its financial resources. The company's small size—meeting two of three criteria for a small company—allows for agility, but the sharp decline in equity and cash reserves suggests it’s burning through money. The accounts are unaudited and rely on director-reported data, and there's no auditor mentioned.

While the company boasts a broad range of services and a history of working with various industries, the recent financial data paints a picture of a business facing challenges. Whether it can sustain its operations and capitalize on its diverse capabilities remains to be seen.

Registered in England/Wales under the registration number 08725112, with a registered address at OX5 1RA, England, Kidlington, Oxon, 2d, Hangar 15 London Oxford Airport, Langford Lane.

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