AEROSPHERES (UK) LIMITED

• ⚠

  Annual accounts overdue

  Due 2025-12-31.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“For the year ended 31 December 2023 the company made a profit after tax of $9,233,050 (2022: $8,988,273), had net assets totalling $38,410,376 (2022: $27,303,184) and net current assets totalling $7,971,621 (2022: $7,435,870). At the time of approving the financial statements and in light of the continuing impact of worldwide political and economic uncertainties, the Directors have considered the company's continued performance through early 2024 as well as forecasts and projections for the company for the next 12 months from the date of this report. Based on this, the Directors have a reasonable expectation that the company will remain sufficiently profitable to enable the generation of adequate liquid resources to continue in operational existence for the foreseeable future.”

Significant events

• “Throughout 2023 we saw an improvement in delivery performance as our major suppliers overcame previous supply chain issues, this favourably impacted our own on-time delivery and increased stock turn.”
• “We no longer trade with Russia/Belarus companies. Recent increased sanctions against intermediate companies require ongoing vigilance on our part to avoid payments being blocked/trapped in the banking system.”
• “The market for good staff remains tight, particularly in the London area. We ensure our salaries remain competitive and strive to make the company an attractive employer. Wage inflation fell in late 2023 relieving pressure on operating margins.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +47.6%

  £28,852,136 → £42,581,723

• Cash

  -92.7%

  £458,099 → £33,226

• Net assets

  +40.7%

  £20,239,573 → £28,473,222

• Employees

  +23.9%

  46 → 57

• Operating profit

  +18%

  £8,092,137 → £9,549,196

• Profit before tax

  +19.1%

  £8,092,005 → £9,640,397

• Wages

  +19.6%

  £2,356,809 → £2,818,192

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers