Shipping And Airlines Limited

Shipping And Airlines Ltd from Westerham UK is a small, active company founded 80 years ago, boasting a respectable 5.0 Google rating from four reviews. With six employees and £383,221 in assets, it operates from a real address at Biggin Hill Airport and is managed by four directors and one owner. The company regularly imports, although its top import category is listed as "None" with just seven months of import activity recorded.

The company's website reveals a fascinating blend of aviation services. Shipping and Airlines Ltd functions as a premier light aircraft maintenance facility in the South East of England, approved by both the CAA and FAA. Beyond maintenance, it operates a unique collection of vintage aircraft dating back to 1931, offering restoration services and even operating a collection of rare and vintage aircraft. It also facilitates aircraft hire and flight training through the MP Flying Club, offering a well-equipped AA5B and even its own L4 Cub and DHC1 Chipmunk for checkouts.

Financially, Shipping and Airlines Ltd presents a mixed picture. While cash reserves increased by a healthy 18% to £51,000, current assets only rose by 21% to £380,000. Trade debtors increased significantly by 31% to £220,000, and creditors also rose by 37% to £210,000, suggesting a need for improved cash flow management. Bank borrowings remain at a steady £940. The company’s small size—meeting two of three conditions for a small company—helps it maintain agility, but the rise in debtors and creditors warrants close monitoring. No auditor is mentioned, indicating the company is likely exempt from an audit as a small company. The company's long history and diverse services, from maintenance to vintage aircraft collection, suggest a resilient business model, but the financial data highlights the importance of managing working capital effectively.

Registered in England/Wales under the registration number 00388582, with a registered address at TN16 3BN, Westerham, Kent, Hangar 513, Biggin Hill Airport.

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