Accsensum Ltd

Accsensum Ltd, based in London, UK, is a small, active company founded five years ago in May 2019. It holds £12,176 in assets and operates from a virtual address shared by 217 other companies, a bit unusual. The company is led by four directors, but notably, no owners are officially listed. It’s an irregular importer, primarily dealing with optical and medical tools and devices, with just one month of imports recorded recently, on August 1st, 2024.

The company’s website, Accsensum Downhole Sensors, focuses on providing downhole memory sensors for the oil, gas, and geothermal industries. They specialize in temperature, pressure, and accelerometer measurements, emphasizing simple USB communications and safe, high-temperature batteries. The site highlights efficient, compact, and reliable solutions—a clear indication of a business targeting a specialized, technical market. It’s a niche play, not a broad consumer offering.

Financially, Accsensum Ltd presents a mixed picture. Cash bank on hand has fallen by 28% to £9,400, while current assets have also decreased by 18% to £12,000. Interestingly, trade debtors have increased by 60% to £2,700, which could indicate a shift in payment terms or a growing customer base. However, net assets have plunged 15% to -£18,000, and net current assets are also down significantly, at -£2,700. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in equity is a concern. With no auditor mentioned, the figures are unaudited, and rely on director-reported data.

Overall, Accsensum Ltd seems to be navigating a challenging financial landscape. While it's a specialized business with a clear focus, the declining equity and net assets suggest it's burning through money. The lack of employees (zero reported) indicates a lean operation, but whether it can sustain its niche focus without additional funding remains to be seen.

Registered in England/Wales under the registration number 12018046, with a registered address at SW19 4DW, United Kingdom, London, D S Burge And Co Ltd, The Courtyard, 7 Francis Grove.

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