Hisky Ltd

HiSky Ltd, based in Swanscombe, UK, is a small, active company founded two years ago. With £231,568 in assets and a real address, it operates with two directors and two owners. The company regularly imports aluminum and aluminum products, with recent activity recorded in December 2024. HiSky Ltd’s primary business is retail sale via mail order houses or via internet, but its website reveals a more complex operation focused on satellite IoT networks for remote industries.

The company provides private satellite IoT networks, connecting assets and workforce from any destination. A significant portion of its business involves partnering with automobile manufacturers to integrate NTN (Non-Terrestrial Network) connectivity into vehicles, planned for market entry in 2027-2028. HiSky’s technology uses Low Data Rates (LDR) over GEO satellites in KaKu Bands, targeting high-volume networks with remote sensors and devices. The company emphasizes affordability and resilience, offering voice and text communication over its IoT ecosystem via a smartphone app.

Financially, HiSky Ltd presents a mixed picture. While cash bank on hand decreased by 20% to £8,700, creditors saw a significant rise of 57%, reaching £28,000. Net assets declined by 24%, settling at -£65,000. The company’s small size—meeting two of three criteria for a small company—helps maintain agility, but the drop in equity suggests a need for careful financial management. Trade debtors decreased by 100%, and finance lease payments owing minimum gross increased by 57%. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. It seems like the company is burning through money, but the focus on satellite IoT technology and partnerships could provide a pathway to future growth.

Registered in England/Wales under the registration number 14184947, with a registered address at DA10 0LL, England, Swanscombe, Unit 3f Manor Way.

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