Skyview Systems Limited

Skyview Systems Ltd, based in Bury St Edmunds, UK, is a small holding company with an active status, celebrating 34 years since its founding in 1990. Employing 17 people, the company holds £1,046,686 in assets, though its registered address is likely virtual, as 47 companies share the same location. With four directors and one owner, Skyview Systems operates as a regular importer and exporter of optical and medical tools and devices, with 100 months of import activity and 10 months of export activity recorded.

The company's website reveals a specialized focus on commercial weather monitoring solutions. It’s not an e-commerce site, but rather a provider of meteorological equipment and services, catering to industries like emergency response, water authorities, and industrial manufacturing. The website showcases a range of products, including anemometers, wind displays, data loggers, and software, alongside engineering services, system installations, and maintenance agreements. A section called "Industry Spotlight" highlights case studies, demonstrating how Skyview’s solutions have benefited clients like Leeds Teaching Hospitals NHS Trust and TechnipFMC.

Financially, Skyview Systems Ltd presents a mixed picture. While bank borrowings increased by 3.4%, cash reserves saw a healthy 38% jump to £180,000. However, trade debtors decreased by 17%, and creditors rose by a significant 99%, suggesting potential challenges in managing customer payments. Net assets increased by 3.8% to £580,000, and net losses deepened from -£43,000 to -£45,000. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it is exempt from an audit, and the financial statements are unaudited.

The growth in bank borrowings and the rise in creditors, coupled with the deepening net losses, suggest that Skyview Systems may be burning through cash despite its growth in assets. It’s possible that increased investment in equipment or services is driving these trends, or perhaps the company is facing increased competition in the weather monitoring sector. The company's long-standing presence and wealth of expertise, however, should provide a solid foundation for future growth.

Registered in England/Wales under the registration number 02535682, with a registered address at IP32 7GY, Bury St Edmunds, Suffolk, Greenwood House, Greenwood Court.

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