Pyon Ltd

Pyon Ltd, based in London, UK, is a small, active company founded six years ago. With five employees and £8,279 in assets, it operates from a real address and is managed by a single director and owner. The company is a regular exporter, specializing in leather goods, travel bags, and animal harnesses, with 78 months of export activity recorded. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

Pyon Ltd’s website showcases a unique business: innovative solutions for youngstock management. The company designs and manufactures specialized equipment for raising lambs, calves, and goat kids, including milk warmers, teat guards, and colostrum management systems. The website highlights the company's commitment to improving animal welfare and reducing labor costs, with a section dedicated to the benefits of its ad lib feeding system. It appears to be primarily an e-commerce business, selling directly to farmers and livestock breeders.

Financially, Pyon Ltd presents a mixed picture. While bank borrowings decreased by 23%, cash reserves fell by a significant 10%, leaving just £900. Current assets have plummeted 94%, leaving only £8,300, and net assets are down 350%, resulting in a substantial net loss of £710,000. Creditors have also increased substantially, rising 70% to £72,000. The company’s investments have completely disappeared, with a 100% decrease. The lack of employees (only one reported) suggests a lean operation, but the dramatic decline in equity and assets raises concerns. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Despite these challenges, Pyon Ltd's specialized product line and focus on livestock management suggest a niche market with potential. However, the company will need to address its financial pressures to ensure its long-term sustainability.

Registered in England/Wales under the registration number 11943770, with a registered address at SW1X 7QA, England, London, 7f - 06 1 Knightsbridge Green.

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