Skycraft Services Limited

Skycraft Services Limited, based near Royston in the UK, is a small, active company established 39 years ago. With six employees and £569,373 in assets, it’s a long-standing business operating from a real address. Two directors and one owner oversee the company, which has been importing aircraft, spacecraft, and their parts regularly for eight months, with the last import occurring in February 2025. It exports very little, just one month of activity recorded in July 2024.

The company’s website, www.skycraftpropellers.com, reveals a focus on propulsion systems for land, sea, and air, operating in association with Hoffmann Propeller GmbH Co KG. It also functions as a UK service station for Hoffmann Propeller, trading as "SKYCRAFT" since 1983. The site showcases a range of propellers and restoration services, indicating a specialized niche within the aerospace and marine industries. The address listed is Albany House at Brown's Yard, Silver Street, Litlington, near Royston, Hertfordshire.

Financially, Skycraft Services Limited presents a mixed picture. Cash reserves have dramatically increased, soaring 6,200% to a substantial £430,000. However, net assets have also increased significantly, jumping 330% to £180,000. Creditors have doubled to £280,000, and bank borrowings have decreased substantially, falling 71% to £11,000. Trade debtors have also decreased significantly. The company's small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the substantial increase in creditors warrants attention. The company’s unaudited financial statements, exempt from audit due to its size, rely on director-reported data.

Overall, Skycraft Services Limited appears to be in a stronger position than it was previously, with a significant increase in cash reserves. However, the rise in creditors suggests it may be relying more on credit from suppliers, which could be a concern if sales slow down.

Registered in England/Wales under the registration number 02001043, with a registered address at SG8 0QE, Nr Royston, Hertfordshire, Albany House 12 Silver Street, Litlington.

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