Pneumatics Direct Limited

Pneumatics Direct Ltd, based in Burscough, UK, is a small, holding company with an active status. Founded 29 years ago in 1995, the company employs seven people and holds £695,334 in assets. It operates from a virtual address – a point of note as 165 companies are registered at the same location – and is overseen by three directors and one owner. The business runs an e-commerce site, regularly importing aluminum and aluminum products (27 months of import activity, latest in June 2024) and occasionally exporting furniture, lighting, and prefabricated buildings (just one month of export activity, also in June 2024).

The company’s website highlights its role as a family-run business offering a wide range of pneumatic and hydraulic products, including couplings, tubing, fittings, and more. It boasts over 160,000 items available, with many eligible for next-day delivery. The site also features sections dedicated to industrial pneumatics, vacuum solutions, and even specialized tooling for robotic applications. The website’s content and product range suggests a focus on serving industrial and commercial clients with pneumatic and hydraulic equipment.

Financially, Pneumatics Direct Ltd shows a mixed picture. Current assets increased by 26% to £700,000, while net assets remained constant at £190,000. Bank borrowings increased by 63%, reaching £180,000, and cash reserves jumped 120% to £25,000. Creditors increased by 44%, reaching £480,000, and trade debtors rose by 37%, reaching £470,000. 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 bank borrowings could indicate a need for capital. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Pneumatics Direct Ltd appears to be growing its business, but managing its debt. The company's focus on a specialized product range and its e-commerce presence suggest a solid foundation, but the increased borrowing warrants monitoring.

Registered in England/Wales under the registration number 03101872, with a registered address at L40 8JW, United Kingdom, Burscough, Lancashire, 2a Swordfish Business Park Swordfish Close, Higgins Lane.

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