skyfly technologies limited
skyfly technologies limited Company Information
Company Number
08742819
Next Accounts
Jul 2025
Shareholders
michael thompson
jaap rademaker
View AllGroup Structure
View All
Industry
Manufacture of air and spacecraft and related machinery
Registered Address
mount offham teston road, offham, west malling, kent, ME19 5PG
Website
www.skyflyvideo.co.ukskyfly technologies limited Estimated Valuation
Pomanda estimates the enterprise value of SKYFLY TECHNOLOGIES LIMITED at £52.8k based on a Turnover of £75.1k and 0.7x industry multiple (adjusted for size and gross margin).
skyfly technologies limited Estimated Valuation
Pomanda estimates the enterprise value of SKYFLY TECHNOLOGIES LIMITED at £0 based on an EBITDA of £-298.4k and a 5.06x industry multiple (adjusted for size and gross margin).
skyfly technologies limited Estimated Valuation
Pomanda estimates the enterprise value of SKYFLY TECHNOLOGIES LIMITED at £1.4m based on Net Assets of £513.4k and 2.82x industry multiple (adjusted for liquidity).
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Skyfly Technologies Limited Overview
Skyfly Technologies Limited is a live company located in west malling, ME19 5PG with a Companies House number of 08742819. It operates in the manufacture of air and spacecraft and related machinery sector, SIC Code 30300. Founded in October 2013, it's largest shareholder is michael thompson with a 49.5% stake. Skyfly Technologies Limited is a established, micro sized company, Pomanda has estimated its turnover at £75.1k with declining growth in recent years.
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Skyfly Technologies Limited Health Check
Pomanda's financial health check has awarded Skyfly Technologies Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £75.1k, make it smaller than the average company (£5.9m)
£75.1k - Skyfly Technologies Limited
£5.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -38%, show it is growing at a slower rate (-4.6%)
- Skyfly Technologies Limited
-4.6% - Industry AVG
Production
with a gross margin of 36.1%, this company has a comparable cost of product (36.1%)
36.1% - Skyfly Technologies Limited
36.1% - Industry AVG
Profitability
an operating margin of -465.8% make it less profitable than the average company (11.7%)
-465.8% - Skyfly Technologies Limited
11.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (97)
2 - Skyfly Technologies Limited
97 - Industry AVG
Pay Structure
on an average salary of £49.4k, the company has an equivalent pay structure (£49.4k)
- Skyfly Technologies Limited
£49.4k - Industry AVG
Efficiency
resulting in sales per employee of £37.6k, this is less efficient (£178.3k)
£37.6k - Skyfly Technologies Limited
£178.3k - Industry AVG
Debtor Days
it gets paid by customers after 894 days, this is later than average (63 days)
894 days - Skyfly Technologies Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is quicker than average (48 days)
35 days - Skyfly Technologies Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Skyfly Technologies Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 81 weeks, this is more cash available to meet short term requirements (4 weeks)
81 weeks - Skyfly Technologies Limited
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.5%, this is a lower level of debt than the average (94.5%)
28.5% - Skyfly Technologies Limited
94.5% - Industry AVG
SKYFLY TECHNOLOGIES LIMITED financials
Skyfly Technologies Limited's latest turnover from October 2023 is £75.1 thousand and the company has net assets of £513.4 thousand. According to their latest financial statements, Skyfly Technologies Limited has 2 employees and maintains cash reserves of £322 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 75,125 | 9,200 | ||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | -349,913 | -75,670 | ||||||||
| Interest Payable | 0 | 0 | ||||||||
| Interest Receivable | 1,039 | 8 | ||||||||
| Pre-Tax Profit | -348,874 | -75,662 | ||||||||
| Tax | 10,905 | 942 | ||||||||
| Profit After Tax | -337,969 | -74,720 | ||||||||
| Dividends Paid | 0 | 0 | ||||||||
| Retained Profit | -337,969 | -74,720 | ||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||
| EBITDA* | -298,447 | -75,012 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 143,072 | 1,975 | 2,633 | 0 | 9,247 | 11,560 | 13,068 | 15,669 | 12,391 | 10,778 |
| Intangible Assets | 33,982 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 177,054 | 1,975 | 2,633 | 0 | 9,247 | 11,560 | 13,068 | 15,669 | 12,391 | 10,778 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 184,150 | 0 | 0 | 0 | 20,000 | 11,880 | 9,264 | 0 | 1,070 | 420 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 34,956 | 903 | 1,170 | 3,207 | 1,273 | 2,260 | 873 | 0 | 0 | 0 |
| Cash | 322,002 | 165,107 | 144 | 104 | 98 | 447 | 6,615 | 1,380 | 1,545 | 980 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 541,108 | 166,010 | 1,314 | 3,311 | 21,371 | 14,587 | 16,752 | 1,380 | 2,615 | 1,400 |
| total assets | 718,162 | 167,985 | 3,947 | 3,311 | 30,618 | 26,147 | 29,820 | 17,049 | 15,006 | 12,178 |
| Bank overdraft | 0 | 340 | 0 | 0 | 0 | 795 | 2,904 | 870 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,730 | 2,411 | 10,107 | 0 | 0 | 1,000 | 2,930 | 0 | 191 | 24,101 |
| Group/Directors Accounts | 0 | 2,441 | 9 | 0 | 0 | 60,590 | 65,693 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 200,043 | 46,399 | 42,714 | 41,113 | 46,872 | 9,392 | 6,180 | 56,701 | 35,185 | 0 |
| total current liabilities | 204,773 | 51,591 | 52,830 | 41,113 | 46,872 | 71,777 | 77,707 | 57,571 | 35,376 | 24,101 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 204,773 | 51,591 | 52,830 | 41,113 | 46,872 | 71,777 | 77,707 | 57,571 | 35,376 | 24,101 |
| net assets | 513,389 | 116,394 | -48,883 | -37,802 | -16,254 | -45,630 | -47,887 | -40,522 | -20,370 | -11,923 |
| total shareholders funds | 513,389 | 116,394 | -48,883 | -37,802 | -16,254 | -45,630 | -47,887 | -40,522 | -20,370 | -11,923 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -349,913 | -75,670 | ||||||||
| Depreciation | 47,690 | 658 | 877 | 0 | 2,313 | 2,890 | 3,267 | 2,765 | 2,187 | 1,903 |
| Amortisation | 3,776 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 10,905 | 942 | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 218,203 | -267 | -2,037 | -18,066 | 7,133 | 4,003 | 10,137 | -1,070 | 650 | 420 |
| Creditors | 2,319 | -7,696 | 10,107 | 0 | -1,000 | -1,930 | 2,930 | -191 | -23,910 | 24,101 |
| Accruals and Deferred Income | 153,644 | 3,685 | 1,601 | -5,759 | 37,480 | 3,212 | -50,521 | 21,516 | 35,185 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -349,782 | -77,814 | ||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -2,441 | 2,432 | 9 | 0 | -60,590 | -5,103 | 65,693 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 1,039 | 8 | ||||||||
| cash flow from financing | 733,562 | 242,437 | ||||||||
| cash and cash equivalents | ||||||||||
| cash | 156,895 | 164,963 | 40 | 6 | -349 | -6,168 | 5,235 | -165 | 565 | 980 |
| overdraft | -340 | 340 | 0 | 0 | -795 | -2,109 | 2,034 | 870 | 0 | 0 |
| change in cash | 157,235 | 164,623 | 40 | 6 | 446 | -4,059 | 3,201 | -1,035 | 565 | 980 |
skyfly technologies limited Credit Report and Business Information
Skyfly Technologies Limited Competitor Analysis
Perform a competitor analysis for skyfly technologies limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in ME19 area or any other competitors across 12 key performance metrics.
skyfly technologies limited Ownership
SKYFLY TECHNOLOGIES LIMITED group structure
Skyfly Technologies Limited has no subsidiary companies.
Ultimate parent company
SKYFLY TECHNOLOGIES LIMITED
08742819
skyfly technologies limited directors
Skyfly Technologies Limited currently has 3 directors. The longest serving directors include Mr Michael Thompson (Apr 2015) and Mr William Brooks (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Thompson | United Kingdom | 28 years | Apr 2015 | - | Director |
| Mr William Brooks | 67 years | Mar 2023 | - | Director | |
| Mr Richard Tuthill | United Kingdom | 50 years | Jul 2024 | - | Director |
P&L
October 2023turnover
75.1k
+717%
operating profit
-349.9k
+362%
gross margin
36.1%
-4.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
513.4k
+3.41%
total assets
718.2k
+3.28%
cash
322k
+0.95%
net assets
Total assets minus all liabilities
skyfly technologies limited company details
company number
08742819
Type
Private limited with Share Capital
industry
30300 - Manufacture of air and spacecraft and related machinery
incorporation date
October 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
skyfly video ltd (July 2020)
accountant
TIMES ACCOUNTANCY SERVICES LTD
auditor
-
address
mount offham teston road, offham, west malling, kent, ME19 5PG
Bank
-
Legal Advisor
-
skyfly technologies limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to skyfly technologies limited.
skyfly technologies limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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skyfly technologies limited Companies House Filings - See Documents
| date | description | view/download |
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