Uav Engines Limited

Uav Engines Ltd from Lichfield UK: large company, holding company, active status, founded 33 years ago, 32 employees, £9,944,842 assets, real address, 6 directors, 1 owner. Regular importer of machinery, boilers, and mechanical appliances; parts (145 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (135 months exported). It’s a sizeable operation, classified as a large company due to meeting two of three criteria: turnover exceeding £36 million, balance sheet total above £18 million, and having more than 250 employees. The company operates as a holding company and has been active for over three decades, incorporated on February 27, 1992.

The company’s website showcases a focus on rotary engine technology, particularly for unmanned aerial vehicles (UAVs). It specializes in engines for various sized tactical UAVs, target drones, and single mission platforms. Uav Engines Ltd emphasizes its accredited quality management systems, boasting ISO 9001 and AS9100 accreditations. The site highlights 30 years of experience with high-profile customers and positions itself as a leading provider of power solutions for small and medium sized UAVs across 25 countries. It's clear they are selling engines, not just providing services.

Financially, Uav Engines Ltd shows a mixed picture. While current assets remain stable at £9.9 million, there's a notable decrease in bank cash, dropping 32% to £1 million. Borrowings have increased significantly, rising 300% to £4 million—a considerable shift. Despite this, creditors have decreased by 16%, suggesting improved management of short-term liabilities. Perhaps the company is investing in expansion or facing increased operating costs. The company’s net assets have also decreased by 3%, which could be a cause for concern. The auditor’s report, prepared by Edwards, doesn't offer any immediate red flags, but the changes in cash and borrowing levels warrant further observation. The company’s net loss also increased significantly, by 130%, which is a worrying trend.

In conclusion, Uav Engines Ltd appears to be a well-established player in the UAV engine market, but recent financial trends suggest it's navigating a period of change. Whether this represents a strategic investment or a more challenging situation remains to be seen.

Registered in England/Wales under the registration number 02691211, with a registered address at WS14 0EA, Lichfield, Staffordshire, Lynn Lane, Shenstone.

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