Skywheels Ltd

Skywheels Ltd, based in Altrincham, UK, is a small, active company founded four years ago. Employing 25 people, the company holds £512,470 in assets and operates from a virtual address, a fact highlighted by the presence of 1218 other companies registered at the same location. It’s led by four directors and owned by two individuals, with a solo founder at its core. Skywheels Ltd runs an e-commerce site and is a regular importer and exporter of aircraft, spacecraft, and their parts, having imported for 70 months and exported for 22 months.

The company’s activities appear to center around the repair and maintenance of aircraft and spacecraft industries, as indicated by its website. Seamless.AI, the company's website, is a sales intelligence platform offering a suite of tools for lead generation and sales. It boasts features like Prospector, Pitch Intelligence, and Buyer Intent data, catering to sales development reps, account executives, and sales operations professionals. The site's extensive content, including case studies and testimonials, underscores its commitment to customer success. It’s clear the company is focused on providing AI-powered solutions to help businesses find and engage with potential customers.

Financially, Skywheels Ltd presents a mixed picture. While cash bank on hand increased by a healthy 79% to £70,000, current assets also rose by 57% to £510,000. However, net assets decreased significantly by 33%, landing at -£500,000. Creditors increased by 24% to £1.2 million, and trade debtors jumped a substantial 72% to £430,000. The company’s fixed assets saw a 26% decrease, and future lease payments have increased significantly. It’s worth noting that the company’s employee numbers have slightly increased, growing by 8% to 27 people. With no auditor mentioned, the figures are unaudited.

Overall, Skywheels Ltd seems to be navigating a period of growth and investment, but the negative equity and rising debt suggest it's burning through cash. The company’s focus on a niche market—aircraft and spacecraft parts—and its investment in AI-powered sales tools, however, could position it for future success, although a careful eye on cash flow will be essential.

Registered in England/Wales under the registration number 13161231, with a registered address at WA14 2DT, United Kingdom, Altrincham, Cheshire, 3rd Floor 1 Ashley Road.

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