Skyline Property Solutions Limited

Skyline Property Solutions Ltd, based in Liverpool, UK, is a small, family-run company with an active status. Established twenty years ago in 2005, it employs fifteen people and holds assets totaling £676,438. The company operates from a real address at Wellington Employment Park and is managed by two directors and two owners. It has a Google rating of 3.0 based on seven reviews. Skyline Property Solutions is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with the last import activity recorded two months ago in December 2022.

The company’s core business involves the construction of other civil engineering projects, operating within a specialized sector. While no website is available to analyze, its activities suggest a focus on practical, on-site work rather than direct-to-consumer sales.

Financially, Skyline Property Solutions Ltd presents a mixed picture. Current assets have fallen by 31%, dropping to £680,000, while net assets have plummeted by a staggering 5300%, ending at -£460,000. Bank borrowings have surged by an impressive 1200%, reaching £120,000, and cash reserves have decreased by 85%, leaving only £6,100. Creditors have also decreased by 29%, suggesting better debt management. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the substantial equity decline is concerning. The lack of an auditor mentioned likely means the financial statements are unaudited.

The sharp decline in equity, coupled with increased bank borrowings, suggests Skyline Property Solutions Ltd is facing financial pressures and burning through cash. The company's ability to sustain its operations will depend on securing new contracts and effectively managing its expenses—though it seems like they are doing well with their creditors.

Registered in England/Wales under the registration number 05417574, with a registered address at L5 9RJ, Liverpool, Unit 44 Dunes Way, Wellington Employment Park.

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