Accudyne Europe Limited

Accudyne Europe Ltd from Newport UK: a small, active company founded seven years ago, employs three people, and holds £316,040 in assets. It operates from a virtual address, managed by four directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances; parts, with 8 months of import activity recorded, the latest in August 2024.

The company's website, SuperCube, focuses on supercritical CO2 extraction machines. It designs and builds these machines for extraction, separation, drying, cleaning, and purification. The website highlights the SuperCube 1000 and SuperCycle10k models, emphasizing their automated operation, stainless steel construction, and suitability for extracting hemp, cannabis, and other herbal extracts. It also offers critical point drying and super cleaning services. The company’s UK address is Units 3b 3c Prospect Park, Prospect Road, Cowes, Isle of Wight, PO31 7AD.

Financially, Accudyne Europe Ltd shows a concerning trend. Current assets have plummeted by 54%, dropping to £320,000. Net assets have also seen a significant decrease, falling 68% to £160,000. Cash reserves have been hit hard, declining 45% to £170,000. Trade debtors have also fallen dramatically, dropping 66% to £99,000. While creditors have decreased by 17%, the substantial drops in assets and cash raise questions about the company’s financial health. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s not required to have an audit, so the figures are unaudited. Bank borrowings have increased, which is a little worrying. It seems like they're burning through cash, although it's possible this is a strategic investment in growth.

Registered in England/Wales under the registration number 11215870, with a registered address at PO30 1LH, Newport, Isle Of Wight, 9 St Johns Place.

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