Western Sky Limited

Western Sky Ltd, based in London, UK, is a large holding company with an active status, established six years ago. Employing 284 people and boasting assets of £66,008,852, the company operates from a virtual address – a fact highlighted by the presence of 43 other companies registered at the same location. It’s led by three directors and has one owner, although the owner list isn’s exhaustive. Regular import activity, primarily of furniture, lighting, and prefabricated buildings, has been ongoing for 21 months, with the most recent import recorded in December 2023.

The company’s core business revolves around video production, as evidenced by its website, Western Sky Media. They offer a full suite of services, from TV commercials and website videos to real estate showcases and live event coverage. The company targets a wide range of clients, from small businesses needing promotional videos to larger organizations requiring high-end production for events and television shows. Their tiered program structure—Campfire, Concert, and Coliseum— caters to different audience sizes and production scales, indicating a flexible approach to meeting client needs. The website emphasizes results, craftsmanship, and building relationships, suggesting a focus on client satisfaction.

Financially, Western Sky Ltd presents a mixed picture. While average employee numbers have increased significantly, jumping 57% to 440, cash bank on hand has plummeted a staggering 94% to just £1 million. This sharp decline in cash reserves is concerning, especially considering that staff costs have risen 64% to £26 million. Although creditors have decreased by a substantial 100%, trade debtors have ballooned by 890%, suggesting potential issues with customer payments. The company’s turnover has increased by 74% to £220 million, but the significant losses—£40 million—and the dramatic decrease in cash raise questions about its financial health. Audit fees have also increased by 73%, and the company’s tax expense credit has increased by 50%. Saffery LLP is the auditor. The company’s reliance on retained earnings and accumulated losses, which have also decreased, further complicates the picture.

Registered in England/Wales under the registration number 11851561, with a registered address at WC2H 8NU, England, London, 1 Central St. Giles, St. Giles High Street.

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