Skye Instruments Limited

Skye Instruments Limited, based in Llandrindod Wells, UK, is a small holding company with an active status, celebrating 42 years since its founding in 1983. The company employs 12 people and holds assets valued at £556,208. It operates from a real address and is overseen by two directors and one owner. Skye Instruments is a regular importer and exporter, specializing in optical and medical tools and devices – importing for 10 months and exporting for a substantial 124 months.

The company's core business appears to be manufacturing, specifically within the "other manufacturing n.e.c." industries. Its website, while not providing detailed e-commerce functionality, suggests a focus on scientific equipment, with a particular emphasis on optical and medical tools. It's unclear if the company operates an online store directly, but it likely serves a B2B market.

Financially, Skye Instruments Limited presents a mixed picture. While cash reserves have increased significantly by 340% to £400,000, other key metrics show some volatility. Current assets have seen a healthy increase of 95% to £560,000, but trade debtors have decreased by 38% to £63,000. Perhaps most notably, equity has risen dramatically by 110% to £410,000, while fixed assets have decreased by 63% to £160,000. Bank borrowings have also decreased, suggesting a move towards greater financial stability. Staff costs have increased slightly by 6.3% to £330,000. The company meets the criteria for a small company, with turnover likely under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The absence of an auditor is consistent with its small size and exemption status.

Overall, Skye Instruments Limited seems to be navigating a period of change. The increase in equity and cash reserves is encouraging, but the decrease in fixed assets warrants further investigation. The company's long-standing presence in the market and its focus on specialized tools suggest a resilient business model, though the future will depend on its ability to manage its finances and adapt to evolving market demands.

Registered in England/Wales under the registration number 01705412, with a registered address at LD1 5EY, Wales, Llandrindod Wells, Powys, The Old Surgery, Spa Road.

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