Sky Light Cinemas Limited

Sky Light Cinemas Ltd, based in Falmouth, UK, is a small, active company founded nine years ago. Employing eight people and holding £66,776 in assets, it operates from a real address and is managed by two directors and a solo founder. Boasting a perfect 5.0 Google rating from fifteen reviews, the company is an irregular importer of electrical machinery and equipment, with just one month of import activity recorded.

The company’s website highlights its core business: providing outdoor cinema hire services across the UK. With over ten years of experience and more than 2500 events completed, Sky Light Cinemas caters to events of all sizes, from intimate screenings to large festivals. They offer tailored packages, including inflatable screens, HD projectors, and LED screen hire, for private parties, corporate gatherings, and community events. The website also mentions a separate venture into mobile LED screen hire for events, festivals, and sports.

Financially, Sky Light Cinemas Ltd shows a mixed picture. Current assets have increased by 53% to £67,000, while net assets have decreased by 110% to -£57,000. Bank borrowings have increased by 97% to £34,000, and cash reserves have decreased by 33% to £20,000. Trade debtors have increased by 59% to £65,000. 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 typical for a small company.

The sharp decline in equity and increased bank borrowings suggest the company may be facing financial pressures, despite the positive customer reviews and growing asset base. Perhaps the irregular import activity has impacted cash flow, or increased competition in the outdoor cinema hire market. It’s possible that the company is reinvesting in equipment or expanding its services, but the financial data paints a picture of a business working hard to stay afloat.

Registered in England/Wales under the registration number 09972568, with a registered address at TR10 4SB, England, Falmouth, Cornwall, Bickland House, Bickland Water Road.

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