Sb Skills Solutions Ltd

Sb Skills Solutions Ltd is a small, active company based in Skelmersdale, UK, founded twelve years ago in 2013. It employs thirty-six people and holds £680,654 in assets, operating from a real address on an industrial estate. The company is a family business with three directors and two owners, Beaumonts, at the helm. It’s an irregular importer, bringing in optical and medical tools and devices, with its last import operation occurring over two years ago in May 2022.

The company's website highlights its focus on construction skills training, offering forklift truck, plant operator, and CPCS card training. It's a leading training centre, offering courses, skills bootcamps, and even NVQ options. The site features testimonials from satisfied customers praising the quality of instruction and the expertise of the trainers. It even has a section dedicated to news articles, showcasing recent industry developments and company updates.

Financially, Sb Skills Solutions Ltd’s numbers paint a mixed picture. Current assets have decreased by 14% to £680,000, while net assets have fallen by 17% to £400,000. Bank borrowings have increased by 100%, reaching £160,000, and cash reserves have dropped by 88% to just £32,000. Trade debtors have increased by 24%, suggesting a possible reliance on customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decline in equity and cash reserves is a concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Sb Skills Solutions Ltd seems to be facing some financial headwinds, despite its strong reputation for training. The company’s ability to maintain its position in the competitive construction skills market will depend on its ability to manage its finances and adapt to changing industry demands.

Registered in England/Wales under the registration number 08442069, with a registered address at WN8 8EF, England, Skelmersdale, Lancashire, Unit 4c Selby Place, Stanley Industrial Estate.

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