Skyleigh Ltd

Skyleigh Ltd from Welwyn Garden City UK is a small company with an active status, founded four years ago. It employs one person and holds £274 in assets, operating from a real address. With one director and one owner, it’s a compact team. The company operates in the retail sale via mail order houses or via internet industries.

The company's website, SkyLeigh Holdings, is primarily focused on helping homeowners sell their houses quickly and for cash. It offers a streamlined process, promising a cash offer within 24 hours and a closing date within 10 days. The site emphasizes saving time and money, bypassing traditional real estate agents and loan officers. It's a clear play for the "iBuyer" market, offering convenience and speed over traditional selling methods. The website’s detailed privacy policy and terms and conditions suggest a focus on data security and legal compliance, important for any online business handling sensitive personal information.

Financially, Skyleigh Ltd’s picture is a bit concerning. Current assets have plummeted by a massive 79%, dropping to just £270. Net assets are also deeply in the red, sitting at -£14,000, a significant increase from the previous year’s -£7,600. Bank borrowings have remained stable at £1,800, but cash reserves are down 38% to £270. Creditors have increased by 110%, suggesting the company is relying more on short-term financing. The firm's small size—meeting two of three criteria for a small company—means it’s likely exempt from a full audit, and the unaudited, filleted accounts rely on director-reported data.

While the website presents a promising business model, the financial data suggests Skyleigh Ltd is burning through money. The sharp decline in assets and the negative equity raise questions about its long-term viability, and it's likely the company is struggling to generate sufficient revenue to cover its expenses. The lack of employees also points to a lean operation, but it may also indicate a lack of capacity to scale the business.

Registered in England/Wales under the registration number 13305941, with a registered address at AL7 3XE, England, Welwyn Garden City, Hertfordshire, 92 Mill Road.

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