Skylaunch Limited

Skylaunch Ltd from Wem UK is a small, active company founded 26 years ago. With eight employees and £519,113 in assets, it operates from a real address and is led by one director and owner. The company regularly imports machinery, boilers, and mechanical appliances—parts, with five months of import activity recorded—and exports the same items, boasting eleven months of export activity.

The company’s website, Skylaunch, positions itself as the world’s leading manufacturer of glider and sailplane winches, cable retrieve winches, and special-purpose equipment. It offers a range of winches, parts, and accessories for club builds, refurbishments, and repairs. Skylaunch also provides servicing, training, and even disaster recovery for damaged pianos—a surprising diversification. The website emphasizes its expertise, quality, and global reach, serving both civilian and military customers.

Financially, Skylaunch Ltd presents a mixed picture. Accumulated depreciation on plant and machinery increased by 11%, while depreciation on vehicles decreased significantly by 24%. Bank borrowings decreased by 48%, and cash reserves increased by 17%, suggesting improved liquidity. However, creditors decreased by 26%, and net assets dropped by 8.9%, indicating potential pressures on equity. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in net assets warrants closer scrutiny. The company’s director, Greaves Adam John, is responsible for the financial statements. With no auditor mentioned, the figures rely on unaudited reports.

Overall, Skylaunch Ltd seems to be holding its own, leveraging its niche expertise in winches and expanding into related services. However, the financial trends suggest a need for careful management to ensure long-term sustainability—and to keep those pianos in tune.

Registered in England/Wales under the registration number 03598701, with a registered address at SY4 5SD, England, Wem, Shrewsbury, Unit E12 Wem Industrial Estate, Soulton Road.

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