Skcprojects Ltd

Skcprojects Ltd from Nottingham UK is a small, active company founded two years ago. With a single employee and £1,409,804 in assets, it operates from a real address and is led by a solo founder who also serves as director and owner. The company irregularly imports iron or steel products, with just one month of import activity recorded as of June 2024.

Skcprojects Ltd’s website, infoskcprojects.co.uk, focuses on construction project management, suggesting a B2B service offering. The site is simple, with clear contact information and a straightforward description of its services. It’s not an e-commerce site, indicating a reliance on direct client engagement rather than online sales.

Financially, Skcprojects Ltd presents a mixed picture. Cash reserves increased significantly by 51% to £870,000, a positive sign of improved liquidity. However, trade debtors also rose sharply, increasing by 24% to £540,000, which could indicate challenges in collecting payments. Creditors also increased by 9.5% to £620,000. Depreciation on plant machinery has increased substantially, by 550%, which may be due to new investments or changes in accounting methods. Despite these fluctuations, net assets grew by 74% to £790,000, demonstrating overall financial health. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is common for companies of this size.

The company’s focus on project management, combined with its financial data, suggests a business that is growing but also managing increased operational expenses. The rise in debtors may be a short-term issue, or it could signal a need for improved credit control processes.

Registered in England/Wales under the registration number 14336004, with a registered address at NG5 6LJ, England, Nottingham, 10 Arnot Hill Road, Arnold.

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