Reading Pneumatic Services Ltd

Reading Pneumatic Services Ltd, based in Reading, UK, is a small, active company founded 21 years ago in 2003. With five employees and £393,770 in assets, it operates from a real address and is overseen by three directors and three owners. It holds a stellar 5.0 Google rating from 20 reviews. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances – parts, with its last import activity recorded two months ago in November 2023.

The company's website is non-existent, which makes it difficult to determine if they operate an e-commerce site or primarily deal with business-to-business sales. However, the company operates in the manufacture of compressors and the repair of machinery industries.

Financially, Reading Pneumatic Services Ltd presents a mixed picture. Cash bank on hand decreased by 9.2% to £220,000, while creditors remained steady at £150,000. Trade debtors increased significantly by 33%, reaching £140,000, which could indicate increased sales or potentially delayed payments. Net assets grew by 6.3% to £270,000, and the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The company’s retained earnings accumulated losses increased by 6.3% to £270,000. There is no mention of an auditor, likely due to its status as a small company.

The company’s financial data suggests it’s not burning through money rapidly, but the increase in trade debtors warrants monitoring. The company's irregular import activity and focus on specialized machinery repair indicate a niche market strategy.

Registered in England/Wales under the registration number 04940504, with a registered address at RG2 0QX, England, Reading, Berkshire, 38 Bennet Road.

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