Altered Carbon Limited

Altered Carbon Limited is a small, active company based in Bristol, UK, founded seven years ago in May 2018. With £362,439 in assets and a real registered address, it employs seven people and is overseen by four directors and three owners. The company operates in the engineering sector, specifically providing scientific and technical consulting, and has been importing electrical machinery and equipment for two months, the last operation in April 2024.

The company’s website, alteredcarbon.com, highlights its core technology: AI-powered digital nose sensors. It positions itself as a leader in “machine perception,” targeting applications in the built environment (creating safer communities) and healthcare (early infection detection). The site emphasizes partnerships, investor opportunities, and a commitment to “changing the face of robotics.” It’s clear the company is focused on B2B sales, offering solutions to businesses rather than directly selling to consumers.

Financially, Altered Carbon Limited shows a mixed picture. Cash reserves have increased dramatically, jumping 500% to £330,000—a very positive sign. However, net losses have also deepened, with retained earnings dropping to -£1,000,000. Trade debtors have risen by 66% to £29,000, which could indicate delayed payments from customers. On the plus side, creditors have decreased by 36%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the substantial equity decline warrants attention. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Altered Carbon Limited appears to be a startup with high growth potential, but also facing financial pressures. The significant increase in cash reserves is encouraging, but the company needs to manage its expenses and ensure timely payments from customers to avoid burning through money too quickly.

Registered in England/Wales under the registration number 11362774, with a registered address at BS9 4PN, England, Bristol, Avon, Henleaze Business Centre, Harbury Road.

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