Skytech Helicopters Limited

Skytech Helicopters Ltd, based in Wellingborough, UK, is a small, active company established 21 years ago. With five employees and £352,531 in assets, it operates from a real address and is managed by one director and owner. The company has a long history of importing (86 months) and exporting (3 months), though the specific categories remain unspecified.

Skytech Helicopters is a UK-based aviation services provider located at Sywell Aerodrome, Northampton. Founded by Martin Lovell in 2003, the company specializes in maintenance, repair, and overhaul (MRO) services for helicopters, particularly Hughes MD series aircraft, but also supports Bell and Schweizer models. Their services include Part 145 and Part M approval, aircraft refurbishment, scheduled and unscheduled maintenance, and pre-purchase appraisals. They also provide technical assistance and part supply to Italy and Portugal, and can accommodate N-registered aircraft. A customer pilot lounge is available, offering internet access and refreshments. The company's website highlights its experienced team, modern facility, and commitment to providing value for money.

Financially, Skytech Helicopters Ltd presents a mixed picture. While cash reserves increased significantly by 63% to £150,000, current assets declined slightly to £350,000. Trade debtors experienced a dramatic decrease of 94%, falling to just £5,700, which could indicate improved collection efforts or a reduction in credit sales. However, bank borrowings increased, and net assets remained relatively stable. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in debtors is something to keep an eye on. No auditor is mentioned, which is common for small companies exempt from an audit.

Overall, Skytech Helicopters Ltd appears to be navigating a challenging environment. While it maintains a strong presence in the helicopter maintenance sector, its financial performance suggests it's working to manage its cash flow and maintain profitability.

Registered in England/Wales under the registration number 04815121, with a registered address at NN29 7EL, Wellingborough, Northamptonshire, 5 Alexander Court, Irchester.

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