Skye Outdoor Living Ltd

Skye Outdoor Living Ltd from Macclesfield UK: a small, active company founded two years ago, employs just one person, and holds £55,680 in assets. It's a solo venture led by a single director and owner. The company regularly imports aluminum and aluminum products, with three months of import activity recorded.

The business specializes in luxury bespoke pergolas and outdoor living solutions, offering expert turnkey services and a range of engineered products. It caters to customers across the North West, The Lake District, North Wales, and throughout the UK, providing installation and after-service support. Its website showcases a range of products, including pergolas, outdoor kitchens, bioclimatic pergolas, and Bromic heaters, alongside a gallery of completed projects. The company also offers services like initial consultations, pergola installation, project management, and contractor oversight.

Financially, Skye Outdoor Living Ltd presents a mixed picture. Cash bank on hand has decreased by 40% to £41,000, and current assets have fallen by 51% to £56,000. Trade debtors have plummeted by a significant 94%, suggesting a change in payment terms or reduced sales. However, creditors remain steady at £150,000. Fixed assets have increased by 140% to £98,000, possibly reflecting investments in equipment or property. Equity has declined sharply by 90% to just £430, which is a worrying sign. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it avoids complex reporting requirements, and no auditor is mentioned.

While the business appears to be actively marketing its services and securing projects, the financial data suggests it may be burning through cash. The decline in equity raises questions about its long-term sustainability, and the company will need to carefully manage its finances to ensure it can continue to operate successfully.

Registered in England/Wales under the registration number 14264285, with a registered address at SK10 5SE, England, Macclesfield, 2 Normans Hall Mews Shrigley Road, Pott Shrigley.

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