Accurate Technologies (uk) Limited

Accurate Technologies Uk Ltd, based in Sandy, UK, is a small holding company with an active status, having been established 24 years ago in 2000. The company employs eight people and holds £899,638 in assets. It has a real address, is overseen by two directors, and is owned by one individual. The firm regularly imports optical and medical tools and devices (50 months), and exports electrical machinery and equipment (18 months).

The company's website, accuratetechnologies.com, reveals a focus on measurement, calibration, and diagnostics (MCD) solutions for the automotive and related industries. ATI provides software and hardware for ECU calibration, data acquisition, diagnostics, and network solutions. They cater to a wide range of sectors, including electric vehicle development, automotive, heavy truck, and even aerospace. The site showcases case studies demonstrating their expertise in areas like electric vehicle powertrain development and high-voltage data acquisition. It’s clear that ATI positions itself as a global partner, offering a comprehensive portfolio of products and services to support the evolving needs of the industry.

Financially, Accurate Technologies Uk Ltd presents a mixed picture. While cash bank on hand increased significantly by 83% to £420,000, current assets decreased by 26% to £900,000. Creditors surged by 58% to £800,000, which could indicate increased reliance on short-term financing. Equity, however, experienced a substantial decline of 50%, dropping to £110,000—a concerning trend. Net current assets and liabilities also decreased significantly. Despite these challenges, the company’s small size (meeting two of three criteria for a small company) allows for agility. The accounts are audited, but no auditor firm is mentioned.

The company's increased reliance on debt and the drop in equity suggest it may be burning through cash to fuel growth or cover operational expenses. It’s possible the company is investing heavily in new products or services to capitalize on the growing demand for MCD solutions in the automotive sector, but the financial data suggests it needs to manage its finances carefully to ensure long-term sustainability.

Registered in England/Wales under the registration number 04039716, with a registered address at SG19 3SH, Sandy, Cambridgeshire, Unit 7 St George's Tower, Hatley St. George.

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