Overwatch Aerospace Ltd

Overwatch Aerospace Ltd is a small, active holding company based in Wolverhampton, UK. Founded five years ago in 2020, it employs just two people and holds £12,149,184 in assets. The company is overseen by three directors and one owner, with Overwerx Ltd as the parent company. It has a real registered address and regularly imports electrical machinery and equipment (31 months of activity, latest in January 2025) and exports aircraft, spacecraft, and their parts (8 months of activity, latest in January 2024).

The company’s website highlights its focus on “agile British defence technology” and positions itself as a designer, engineer, and manufacturer of unmanned systems and payloads. It operates two distinct divisions: Aerospace, focusing on unmanned solutions, and Energetics, specializing in systems-specific munitions. The website emphasizes innovation and rapid development, showcasing capabilities like product demonstrations, trade show participation, and recruitment of defence, engineering, and aerospace specialists. There's a clear focus on attracting talent and showcasing its technology to potential clients.

Financially, Overwatch Aerospace Ltd shows some interesting trends. Cash reserves increased dramatically by 5,400%, reaching £8,400,000, while current assets also saw a huge jump, rising by 7,800% to £12,000,000. However, net losses deepened to -£8,300,000, and bank borrowings surged by 22%, reaching £800,000. Creditors also increased significantly, up 190% to £4,000,000. The number of employees increased by 300%, from two to eight. Despite being a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the substantial increase in liabilities suggests the company may be investing heavily in growth or facing cash flow challenges. The financial statements are unaudited, and no auditor is mentioned, which is common for small companies.

In conclusion, Overwatch Aerospace Ltd appears to be a dynamic, albeit financially precarious, company. Its focus on cutting-edge defence technology and rapid development is promising, but the company needs to carefully manage its liabilities to ensure long-term sustainability.

Registered in England/Wales under the registration number 12449472, with a registered address at WV2 3AA, England, Wolverhampton, C/O Xl Associates Hazara House, 502 - 504 Dudley Road.

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