Skn Electrical Services Limited

SKN Electrical Services Limited, based in Blackpool, UK, is a sizable company with an active status, having been incorporated eighteen years ago in 2006. With seventy-six employees and a substantial £9,215,002 in assets, the company generates a yearly revenue of £21,350,625. It operates from a real address and is managed by three directors and one owner. Google users rate it 4.0 based on two reviews. The company regularly exports electrical machinery and equipment (five months), but its import activity is less consistent, with aluminum and aluminum products imported only two months ago.

SKN Electrical Services focuses on providing technical personnel to the oil, gas, and petrochemical industries. Its website details a range of services, including engineering, design, project management, construction, inspections, and maintenance. It also offers specialized expertise in rope access techniques and inspection software. The company boasts over sixty years of combined experience within its management team and emphasizes investment in people and technology. It's a comprehensive service provider, not an e-commerce business, with a focus on B2B relationships and technical solutions.

Financially, SKN Electrical Services Limited presents a mixed picture. While revenue remained stable, key indicators show some concerning trends. Current assets decreased by 0.39% to £9,200,000, and net assets decreased by 17% to £8,400,000. Bank cash decreased by 22% to £830,000, and trade debtors decreased by 11% to £6,300,000. The company's investment in property, plant, and equipment increased by 2.1%, indicating a possible expansion of its operational capabilities. Despite these changes, the company's debt obligations increased by 24%, suggesting a need for careful financial management. The company’s auditor, Crossley & Davis Chartered Accountants, has not mentioned any issues. It’s likely that SKN Electrical Services is navigating the challenges of a competitive market, perhaps investing in new technologies or expanding its service offerings, which could explain the fluctuations in its financial performance.

Registered in England/Wales under the registration number 05950064, with a registered address at FY2 0HJ, Blackpool, Lancashire, 212a Red Bank Road, Bispham.

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