Skratch Enterprises Limited

Skratch Enterprises Ltd, based in Newcastle Upon Tyne, UK, is a large holding company with an active status. Founded 21 years ago in 2004, the company employs 34 people and holds assets worth £1,698,385. It operates from a real address and is overseen by five directors and one owner, boasting a respectable Google rating of 4.0 based on eight reviews. The company regularly imports and exports electrical machinery and equipment, with 12 months of import activity and 3 months of export activity recorded.

The company’s website reveals a comprehensive suite of audio-visual and digital signage solutions. Skratch offers services ranging from consultation and project management to design, installation, and ongoing maintenance. It specializes in creating bespoke digital displays for retail, corporate, education, and local authority clients, with a particular emphasis on innovation and cutting-edge technologies like smart displays and clean air technology. The website also highlights Skratch CMS, a user-friendly content management system, and showcases case studies featuring prominent brands like ASDA and Foot Asylum. The company’s head office is centrally located in Telford, Shropshire, enabling rapid response to client needs across the UK and Europe.

Financially, Skratch Enterprises Ltd shows some concerning trends. While turnover increased by 99% to £2.8 million, net assets plummeted 130% to -£180,000. Bank borrowings surged by a staggering 730% to £840,000, and cash reserves evaporated completely. Creditors also increased by 33%, suggesting a reliance on external financing. The company’s administrative expenses jumped 42%, indicating potentially higher operating costs. The decrease in average employees by 12% could be a response to these financial pressures. No auditor is mentioned, likely due to the company’s size, meaning the figures are unaudited.

Despite these challenges, Skratch’s focus on specialized services and innovative technologies—like its Skratch CMS—suggests a potential for future growth. The company's ability to adapt to changing market demands will be key to its long-term success, and it’s clear that the management team is working hard to maintain its position in a competitive industry.

Registered in England/Wales under the registration number 05050095, with a registered address at NE2 1SQ, England, Newcastle Upon Tyne, Tyne & Wear, C/O Mincoffs Solicitors Llp, 5 Osborne Terrace, Jesmond.

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