Sykes-pickavant Limited

Sykes-Pickavant Limited, based in Burntwood, UK, is a small, holding company with an active status. Founded nineteen years ago in 2005, it employs eighteen people and holds assets totaling £2,383,825. The company operates from a real address and is overseen by three directors and one owner. It’s a regular importer of machinery, boilers, and mechanical appliances; parts, with 209 months of import activity recorded, and a regular exporter of basic metal tools and utensils, with 83 months of export activity.

The company’s website showcases a diverse range of automotive and industrial tools, from ball joint removal kits to battery chargers and hydraulic pullers. It’s clear they cater to both professional mechanics and industrial settings, with a focus on quality and specialist equipment. The site’s catalog-driven structure suggests a business primarily focused on B2B sales, with a strong emphasis on providing parts and tools rather than finished products. There’s a noticeable effort to provide technical information and support, with dedicated sections for each product category.

Financially, Sykes-Pickavant Limited presents a mixed picture. Current assets increased by 24% to £2,400,000, while net assets grew by 8.9% to £1,100,000. Cash reserves saw a healthy increase of 57%, reaching £640,000. However, creditors have also risen significantly, with both short-term and long-term obligations increasing by 35% and 43% respectively. Trade debtors have also increased, which could indicate a slight delay in customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt warrants monitoring. No auditor is mentioned, which is common for small companies.

Overall, Sykes-Pickavant Limited seems to be in a stable position, benefiting from a strong product offering and a growing asset base. The increase in debt, however, suggests they may be investing in growth or facing increased operating costs—something to keep an eye on in the coming years.

Registered in England/Wales under the registration number 05621087, with a registered address at WS7 3FU, Burntwood, Staffordshire, Unit 4 Cannel Road, Zone 3, Burntwood Business Park.

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