Stansted Aerospace Limited

Stansted Aerospace Ltd, based in Bishop's Stortford, UK, is a small, family-run business with an active status, celebrating 21 years since its founding. Employing 20 people and holding assets of £1,130,042, the company operates from a real address and is overseen by three directors and four owners. It’s a regular importer of machinery, boilers, and mechanical appliances—parts, with 73 months of import activity recorded, and a regular exporter of aircraft, spacecraft, and their parts, with six months of export activity.

The company’s website highlights its expertise in the repair and overhaul of aircraft components, boasting over 50 years of combined experience within its management team. Stansted Aerospace caters to a diverse clientele, including airlines, MROs, aircraft leasing companies, and parts suppliers, emphasizing rapid turnover times, flexibility, and competitive pricing. The company’s workshop is conveniently located near Stansted Airport and the M11, facilitating efficient service.

Financially, Stansted Aerospace Ltd presents a mixed picture. Current assets increased by 25% to £1,100,000, while net assets rose by 5% to £900,000. Bank borrowings surged by 560%, reaching £9,200, and cash reserves grew by 120% to £230,000. Creditors increased by 160%, to £110,000, and trade debtors rose by 17%, to £700,000. The company’s small size—meeting two of three conditions for being considered small—helps it remain agile. No auditor is mentioned, which is likely due to its small company status.

While the company’s asset growth is encouraging, the increase in bank borrowings suggests a need for careful cash flow management. The growth in trade debtors also warrants attention, as it could indicate potential payment delays. Overall, Stansted Aerospace Ltd appears to be a stable, though somewhat cash-strapped, operation, well-positioned to serve the aviation industry from its convenient location.

Registered in England/Wales under the registration number 05033118, with a registered address at CM23 5JZ, England, Bishop's Stortford, 5 Myson Way, Raynham Close.

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