Skyhigh Aerospares Ltd

Skyhigh Aerospares Ltd, based in London, UK, is a small, active company founded six years ago. With a single employee and £2,354,988 in assets, it operates from a virtual address—a detail worth noting as fifty-six other companies share the same location. The company is led by two directors and owned by Anabtawi Hani, who also serves as a director. It's a solo founder operation, and while small, it’s been importing aircraft, spacecraft, and their parts for the past three months. Notably, it hasn't exported anything in the last seven months.

The company’s website is currently unavailable, so it’s difficult to determine the specifics of its operations beyond the import/export activity. It appears to be involved in cargo handling for air transport activities, suggesting a business-to-business focus rather than direct consumer sales.

Financially, Skyhigh Aerospares Ltd shows some interesting trends. Accumulated depreciation has increased significantly, jumping 470%, which might indicate investment in new equipment. Bank borrowings have also risen, with both overdrafts and non-financial instruments increasing. However, cash reserves have seen a substantial boost, growing by 440% to £750,000. Creditors have also increased considerably, but equity has improved by 490%, suggesting a strengthening financial position. The company’s small size—meeting two of three conditions for being classified as small—helps it remain agile, but the increase in creditors does raise some questions. The lack of an auditor mentioned likely means the accounts are unaudited.

Overall, Skyhigh Aerospares Ltd seems to be navigating a period of growth, but the increase in debt and creditors warrants close monitoring. It’s possible the company is investing heavily in its import operations, or perhaps facing challenges in collecting payments from its customers.

Registered in England/Wales under the registration number 11385358, with a registered address at W6 7AP, England, London, 12 Hammersmith Grove.

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