Ai Exploration Ltd

Ai Exploration Ltd, based in Edinburgh, UK, is a small, active company founded six years ago in 2018. Employing just three people, it holds £333,202 in assets and operates from a real address with three directors and two owners. The company is a regular importer of optical and medical tools and devices, having imported for eleven months, with the latest import in August 2023. It also exports these tools and devices, though less frequently, with two months of export activity, the last in October 2024.

The company’s website reveals a focus on the energy sector, specifically oil, gas, and carbon capture storage. Ai Exploration Ltd designs and manufactures sensors and analytics solutions, integrating directly into industrial processes to provide real-time insights. Their offerings include the Poseidon oil and gas sensor for watercut measurement and the Aether sensor for trace water measurement in CCS applications. The website emphasizes data analysis, intuitive dashboards, and actionable insights, ultimately aiming to improve business decisions and drive revenue. The company has also won awards and accolades, including recognition from the Net Zero Technology Centre and partnerships with BP and Chevron.

Financially, Ai Exploration Ltd shows a mixed picture. While cash bank holdings increased by 51% to £190,000, net assets surged by 96% to £1.2 million. However, creditors have risen significantly, increasing by 170% to £25,000. Average number of employees during the period increased by 67% to five, suggesting a period of expansion. Trade debtors decreased by 25%, which could indicate improved cash flow management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, likely due to the company’s small size.

Overall, Ai Exploration Ltd appears to be growing, with increasing assets and cash reserves. However, the rise in creditors suggests a need to manage liabilities carefully. The company’s focus on the energy sector and its innovative sensor technology positions it for future success, though careful financial management will be crucial.

Registered in Scotland under the registration number SC614884, with a registered address at EH2 4JB, Scotland, Edinburgh, 22 Young Street.

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