Benchmark Space Systems Uk Limited

Benchmark Space Systems Uk Limited, based in Kirkcaldy, UK, is a small, active company founded just three years ago in 2022. With £1,318,584 in net liabilities and four employees, it’s a lean operation overseen by a single director. The company holds a real registered address and has no reported owners, a common situation for smaller entities. It’s an irregular importer, with its top import category being aircraft, spacecraft, and their parts, totaling one month of imports as of August 2023.

The company's website, though currently unavailable, suggests a focus on the manufacture of air and spacecraft components, engineering consulting, and research and development within the aerospace and related industries. It’s a niche market, requiring specialized skills and equipment. The company’s profile also mentions a connection to Benchmark Space Systems, Inc., potentially indicating a parent company providing support and resources.

Financially, Benchmark Space Systems Uk Limited presents a concerning picture. While the company is exempt from a full audit, its financial statements reveal significant net liabilities. The director has received assurances that the loan facilities will continue to be available, and they believe any foreseeable debts can be met for at least 12 months. However, the company’s net liabilities of $1,318,584 are substantial, and the reliance on loans from the parent company highlights a precarious situation. The number of employees has increased from four to ten, which is a significant jump, but it’s unclear if this growth is sustainable given the financial pressures. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the large net liabilities raise serious questions about its long-term viability.

Registered in Scotland under the registration number SC721413, with a registered address at KY1 3PB, Scotland, Kirkcaldy, Fife, Block 5 Unit 7 Midfield Road, Mitchelston Industrial Estate.

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