Trade-air Airline Support Limited

Trade Air Airline Support Ltd, based in Bournemouth, UK, is a well-established company with a strong presence in the aviation support sector. Founded 44 years ago in 1980, the company has grown to employ 19 people and holds assets worth £17,693,471. With an impressive annual revenue of £32,212,203, it’s a significant player, boasting a 5.0-star Google rating from 17 reviews. The company operates from a real address and is managed by five directors, with Webb Nigel Richard as the sole owner.

Trade Air specializes in providing aircraft component supply, maintenance, asset management, and bespoke equipment, serving VIP, Royal, and corporate aircraft worldwide. Its website highlights a commitment to sourcing unique supplies and solving challenging maintenance issues, with a focus on global spare parts and exchange services. The company regularly imports and exports machinery, boilers, and mechanical appliances parts, demonstrating a robust international trading operation.

Financially, Trade Air shows a mixed picture. While current assets are substantial at £17,693,471, accrued liabilities have decreased significantly, dropping by 64%. Depreciation on buildings and motor vehicles has remained stable, but office equipment depreciation has slightly decreased. Administrative expenses have risen by 25%, and director remuneration has increased by 40%, reflecting potential investments in personnel and operations. Cash and cash equivalents have grown by a considerable 100%, indicating improved liquidity. Despite a decrease in dividends paid, the company’s overall net assets have increased by 24%. The absence of a named auditor suggests the company is exempt from full auditing requirements.

The company's substantial revenue and growing cash reserves suggest a healthy core business, but the increase in administrative expenses and director remuneration, alongside the decrease in accrued liabilities, warrant closer observation. Trade Air’s longevity and positive online reputation point to a resilient business model, but the financial data indicates a company navigating a dynamic market, making strategic investments, and adapting to changing conditions.

Registered in England/Wales under the registration number 01505037, with a registered address at BH4 9DW, Bournemouth, 4 Cinema Buildings, Poole Road.

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