Proptech Aero Ltd

Proptech Aero Ltd, based in Lee-On-The-Solent, UK, is a small, active holding company established sixteen years ago. With 34 employees and £7,577,509 in assets, it’s a significant player in its niche. The company operates from a real address at Solent Airport and is overseen by two directors and two owners, though the list of owners changed three years ago. Proptech Aero regularly imports iron or steel products and exports aircraft, spacecraft, and their parts – a testament to its diverse operations.

The company’s website highlights its specialization in aircraft propeller maintenance, repair, and overhaul (MRO). It offers a range of services, from OEM-approved maintenance and spare parts to training and hourly maintenance contracts. Proptech Aero’s website also showcases an extensive inventory of ATR and other props for exchange or lease, as well as new propellers, spares, and STC kits. They are actively promoting their presence at industry events like MRO Atlanta and AERO Friedrichshafen, demonstrating a commitment to networking and business development. They also provide services for water bombers, a specialized area of expertise.

Financially, Proptech Aero Ltd appears stable, although there are some trends worth noting. The number of employees increased slightly, from 34 to 37, representing an 8.8% growth. While the company’s financial statements are unaudited, they do show a clear picture of its operations. The company’s small size—meeting two of three criteria for being considered small—helps it remain agile. The company’s deferred tax policy is to recognise all timing differences, and the depreciation method for property, plant, and equipment varies depending on the asset type. Hopper Williams & Bell Limited serves as the company’s auditor.

Overall, Proptech Aero Ltd seems to be a financially healthy company, operating in a specialized market with a focus on quality and customer service. The growth in employees suggests expanding operations, and their active participation in industry events indicates a commitment to staying at the forefront of the aircraft propeller MRO sector.

Registered in England/Wales under the registration number 06738425, with a registered address at PO13 9FY, England, Lee-On-The-Solent, Unit 5 And 6 Spitfire Way, Solent Airport.

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