Skb Glasgow Ltd

Skb Glasgow Ltd from Glasgow UK: a small, active company founded just one year ago, employs three people, and holds £57,742 in assets. It operates from a virtual address – forty-seven other companies share the same location – and is led by a single director and owner, Kennedy Scott, who also serves as the solo founder. The company is an irregular importer of aluminum and aluminum products, with just one month of import activity recorded as of April 2024. Skb Glasgow Ltd operates in the other construction installation industries.

The company’s website is minimal, providing little insight beyond its core business. There’s no indication of e-commerce or online sales; it appears to function primarily as a business-to-business operation. The lack of a website presence suggests a focus on direct client relationships rather than broad marketing.

Financially, Skb Glasgow Ltd presents a mixed picture. While its small size (meeting two of three conditions for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for agility, some figures raise questions. Cash bank on hand remains steady at £47,000, but accrued liabilities deferred income are at £1,100. Trade debtors are at £10,000, and creditors are at £24,000. The company’s net assets are at £45,000. The increase from depreciation charge for property plant equipment is £1100 for computer equipment and £11,000 for motor vehicles. The company is not audited, and the accounts are filleted.

The company’s irregular import activity and relatively low asset base suggest it’s a startup still establishing itself. The virtual address, while common for small businesses, could indicate a lack of physical presence or a cost-saving measure. The lack of employees, combined with the single director/owner structure, points to a lean operation—but the financial data suggests it's not necessarily burning through money. It's likely navigating the challenges of a new business, balancing growth with careful financial management.

Registered in Scotland under the registration number SC776179, with a registered address at G73 2LD, Scotland, Glasgow, 79 Mill Street, Rutherglen.

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