Triple Air-technology Ltd

Triple Air Technology Ltd from Cramlington UK is a small, active company founded fifteen years ago. With thirteen employees and £2,177,452 in assets, it’s a well-established player in its sector. The company, overseen by three directors and two owners, operates from a real address and has been importing machinery, boilers, and mechanical appliances parts for eighty-eight months, with the latest import in February 2025. It also regularly exports similar goods, having done so for sixty-eight months, with the last export also in February 2025.

The company's primary activity involves the wholesale of other machinery and equipment. While a website isn't available for review, its business model appears to be B2B, focusing on supplying industrial components rather than direct consumer sales.

Financially, Triple Air Technology Ltd’s numbers present a mixed picture. Accumulated depreciation for furniture, fittings, and tools has increased by 5.2%, while motor vehicles depreciation saw a significant jump of 42.0%. Advances to directors have decreased by 40%, and total advances to directors have fallen by 17%. Interestingly, cash and bank holdings have increased by a substantial 62%, reaching £430,000. However, retained earnings and accumulated losses have also decreased, and dividends paid increased by 38%. Creditors have decreased by 23%, which could indicate improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. The lack of an auditor mentioned suggests the company is exempt from an audit.

Overall, Triple Air Technology Ltd seems to be navigating a period of change. The increase in cash reserves is a positive sign, but the decrease in retained earnings and increased dividends suggest the company is reinvesting less and distributing more profits.

Registered in England/Wales under the registration number 07080320, with a registered address at NE23 1WL, England, Cramlington, 3 Baker Road, Nelson Park West.

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