Sk & Associates Limited

Sk & Associates Limited, based in Burnley, UK, is a small, active company established 23 years ago. With seven employees and £888,627 in assets, it operates from a virtual address, managed by two directors and two owners. The company primarily exports electrical machinery and equipment, having done so for 46 months, with the most recent export occurring in December 2024. However, it also engages in irregular importing, with just two months of import activity recorded as of November 2023, focused on the same type of equipment.

The company's website showcases a comprehensive lighting solutions provider, serving commercial, residential, and institutional clients across New England. It specializes in architectural lighting, controls, and custom installations, representing a wide range of manufacturers. The site highlights a focus on expertise, customer service, and a personal approach, with a knowledgeable staff assisting clients with their lighting needs. It's clear the company is a B2B supplier, not an e-commerce operation.

Financially, Sk & Associates Limited presents a mixed picture. Current assets have decreased by 8.7% to £890,000, while net assets have fallen 12% to £210,000. Cash reserves have experienced a significant drop of 72%, down to £57,000. Trade debtors have also declined by 35%, suggesting a potential challenge in collecting payments. On a positive note, creditors have decreased by 7%, indicating improved debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps maintain agility, but the reduction in cash and equity warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s reliance on regular exports, combined with the recent decrease in cash reserves, suggests a need to carefully manage working capital. While the company’s expertise and customer service are strengths, the financial trends indicate a need for close monitoring to ensure long-term sustainability.

Registered in England/Wales under the registration number 04339349, with a registered address at BB11 1DR, England, Burnley, Fourth Floor, St James House, St. James's Row.

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