Build Your Own Drone Limited

Build Your Own Drone Ltd from Tadley, UK, is a small, active company founded thirteen years ago in 2012. With just two employees and £104,981 in assets, it operates from a virtual address—a detail worth noting as twelve companies are registered at the same location. The company is led by a solo founder and director, Martin Toovey, and runs an e-commerce site. It regularly imports toys, games, and sports equipment (31 months of import activity, last in 2018), though exports are irregular (just two months, last in 2016).

The company’s website, buildyour own drone.co.uk, focuses on FPV racing drones, professional aerial photography, and DIY drone kits. It offers a wide range of products, including flight controllers, air frames, batteries, radio control systems, and even cameras—catering to hobbyists and professionals alike. The site boasts a comprehensive selection of components and accessories, with detailed product descriptions and helpful resources. It also provides flight training services and repair services, indicating a broader commitment to the drone community.

Financially, Build Your Own Drone Ltd has experienced some challenges. Current assets have fallen by 31%, dropping to £100,000, while net assets have plummeted 51%, settling at £47,000. Cash reserves have also taken a hit, decreasing by 35% to £85,000. Bank borrowings remain relatively stable at £7,500, and creditors have increased by 12% to £79,000. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the significant decline in equity suggests potential financial pressures. No auditor is mentioned, likely due to the company’s exemption as a small entity.

The business seems to be holding its own, but the drop in net assets is something to keep an eye on. The company’s focus on a niche market—FPV racing and aerial photography—could be a strength, but it also means it’s vulnerable to shifts in consumer demand.

Registered in England/Wales under the registration number 07991728, with a registered address at RG26 3JE, Tadley, Hampshire, Sherfield House, Mulfords Hill.

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