Skatsh Limited

Skatsh Limited is a small, active company based in London, UK, established eleven years ago in 2013. It employs a single person and holds £27,954 in assets, operating from a real address. With one director and owner, Katz Yisroel, Skatsh Limited is an irregular importer of iron or steel products, with just one month of import activity recorded as of November 2022.

The company’s website, Gravity Sketch, positions itself as a virtual studio for product design, offering tools for 3D design, presentation, and collaboration. It caters to design teams, allowing for remote reviews and immersive presentations. The platform is accessible both in VR and on screen, with a cloud-based hub called LandingPad for accessing designs and sharing them with others. The site highlights testimonials from leading design teams at companies like Adidas, New Balance, Ford, and Polaris, emphasizing improved communication and faster concept development.

Financially, Skatsh Limited shows a mixed picture. Current assets have decreased by a significant 49%, falling to £28,000, while net assets have increased slightly to £18,000. Bank borrowings remain steady at £16,000, but cash reserves have plummeted 54%, leaving just £3,400. Trade debtors have increased substantially, rising 180% to £4,800, which could indicate challenges in collecting 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) allows for agility, but the decrease in cash and increase in debtors suggests a need for careful financial management. No auditor is mentioned, likely due to the company's exemption as a small entity. The company’s reliance on a single employee and owner could also be a vulnerability, though Katz Yisroel appears to be actively involved in both the design platform and its financial operations.

Registered in England/Wales under the registration number 08583263, with a registered address at E1 0SG, England, London, Unit 4 5 Brayford Square.

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