Peter Skinner Limited

Peter Skinner Ltd, based in Sheffield, UK, is a small, holding company with an active status, celebrating 52 years since its founding in 1972. The company employs six people and holds assets totaling £1,225,064. With two directors and two owners reported (though the list may not be exhaustive), it operates from a real address and regularly imports salt, sulphur, earths, stone, plaster, lime, and cement – a consistent import activity spanning 49 months, with the latest operation in February 2024.

The company’s primary activity is described as “other letting and operating of own or leased real estate,” suggesting a focus on property investment or management. It also owns Tek Systems Limited, indicating a diversified business portfolio. The website is currently unavailable, making it impossible to assess its online presence or e-commerce activities.

Financially, Peter Skinner Ltd presents a mixed picture. Current assets have decreased significantly by 39% to £1,200,000, while net assets have increased by 3% to £2,700,000. Bank borrowings have decreased by 35% to £33,000, and cash reserves have surged by a remarkable 580% to £570,000. Creditors have also decreased by 75%, which is a positive sign. The company meets the criteria to be classified as small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, which is typical for companies of this size.

Despite the overall positive trends in cash and equity, the substantial drop in current assets warrants attention. It's possible this reflects strategic investments or a shift in working capital management. The company’s financial health appears stable, though it’s worth noting the lack of an audit means the figures are unaudited. The increase in cash reserves suggests the company is well-positioned to weather any short-term challenges, but the long-term sustainability of its property-related business model remains to be seen.

Registered in England/Wales under the registration number 01083305, with a registered address at S11 8YR, Sheffield., Psalter House,, 121, Psalter Lane,.

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