Eagle Eye Innovations Ltd

Eagle Eye Innovations Ltd, based in Lincoln, UK, is a small, active company founded eleven years ago in 2013. Employing twenty-four people and holding assets of £1,658,943, it's a privately held business with three directors and a solo founder, Roberts Sion Owen. The company operates from a real address and has a clear focus on drone training and related services.

The company's website highlights its expertise in RPAS (Remotely Piloted Aircraft Systems) operations, offering a range of training courses, from basic drone piloting to specialized emergency response and vocational qualifications. They cater to various industries, including construction, agriculture, utilities, and defense, providing services like drone surveys, inspections, and consultancy. Notably, they even offer MALE RPAS training, suggesting involvement with more advanced drone technology. The website's focus is clearly on providing training and support for drone operations, rather than direct e-commerce sales.

Financially, Eagle Eye Innovations Ltd presents a mixed picture. While bank borrowings have increased significantly—the current financial instruments rose by 74%, and non-financial instruments by a staggering 710%—cash reserves have more than doubled, reaching £570,000. Creditors have also increased substantially, by 270%, which could be related to increased operational activity. The company’s assets have also increased by 75% to £1.7 million, but equity has decreased by 43% to £360,000, a concerning trend. Trade debtors have also increased by 43%, which could indicate difficulties in collecting payments. Despite these challenges, the company’s small size (meeting two of three conditions for a small company) allows for flexibility. No auditor is mentioned, which is typical for companies of this size.

Overall, Eagle Eye Innovations Ltd seems to be growing, but the increased debt and decreased equity suggest it may be burning through cash to fuel that growth. The company’s focus on specialized drone training and consultancy appears to be its core strength, but managing its financial health will be crucial for long-term sustainability.

Registered in England/Wales under the registration number 08631843, with a registered address at LN6 3QP, England, Lincoln, Building B, Runcorn Road.

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