Sent Into Space Ltd

Sent Into Space Ltd, based in Sheffield, UK, is a small, active company founded thirteen years ago. With nineteen employees and £264,907 in assets, it’s a modest operation run by two directors and owners. The company has a real address and is engaged in a somewhat unusual mix of activities: irregular imports of optical and medical tools and devices (last seen in February 2024) and regular exports of clocks, watches, and their parts (last seen in December 2024).

The company’s core business, as highlighted on its website, is providing marketing-focused space advertising services. It positions itself as the world’s first agency specializing in launching brands into the near-space environment via high-altitude balloon technology. The website details a full suite of services, from campaign development and video production to space imaging and even 3D animation, catering to a range of clients including Samsung, Disney, and TikTok. The site is well-designed and clearly targets businesses seeking unique and attention-grabbing marketing campaigns.

Financially, Sent Into Space Ltd shows a mixed picture. Current assets have decreased by 12% to £260,000, while net assets have fallen by 16% to £260,000. Bank borrowings have increased by a significant 110%, reaching £140,000, and cash reserves have fallen by a substantial 110%, down to £140,000. Creditors have also decreased by 5.4%, suggesting some improvement in debt management. The company meets the criteria for a small business (turnover under £10.2 million, assets under £5.1 million, fewer than 50 employees), and, as such, its accounts are unaudited.

The sharp decline in cash reserves and the increase in borrowings are concerning, suggesting the company may be burning through money faster than it’s generating revenue. However, the increase in bank borrowings could also be a strategic move to fund growth or invest in new equipment. With no auditor mentioned, the financial picture relies solely on director-reported data, making it difficult to assess the company’s long-term health.

Registered in England/Wales under the registration number 07708966, with a registered address at S9 4WQ, England, Sheffield, Unit 3a Parkway Rise.

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