Quadrant Avionics Limited

Quadrant Avionics Ltd, based in Faversham, UK, is a small, active company founded 14 years ago. With three employees and £1,175,923 in assets, it operates from a real address and is overseen by three directors and one owner. The company regularly imports electrical machinery and equipment (15 months) and exports aircraft, spacecraft, and their parts (25 months).

The company’s core business appears to be in the aviation sector, with a focus on aircraft and spacecraft components. While no website is available to analyze, the import/export activity suggests a B2B model rather than direct-to-consumer e-commerce. It's likely they supply parts and equipment to larger aerospace companies or maintenance, repair, and overhaul (MRO) facilities.

Financially, Quadrant Avionics Ltd shows a generally positive trend, but with some concerning shifts. Current assets have increased by 6.3% to £1,200,000, while net assets have also risen by 15% to £1,200,000. Bank borrowings have decreased by 86% to £3,300, which is a good sign. However, trade debtors have increased by 28% to £230,000, potentially indicating difficulties in collecting payments. Creditors have decreased by 33% to £36,000, suggesting improved debt management. The company meets the criteria for a small company – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned is typical for small companies.

The increase in trade debtors could be a cause for concern, potentially indicating a slowdown in customer payments or an expansion of credit terms. The company's small size allows for agility, but the financial data suggests it’s important to monitor cash flow closely. The increase in average employees during the period by 67% to five employees is also a point to consider, as it could be related to increased workload or expansion plans.

Registered in England/Wales under the registration number 07547643, with a registered address at ME13 8GD, Faversham, Kent, Unit 1b Sidings Close, The Euro Centre Jubilee Way.

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