Arctech Innovation Limited

Arctech Innovation Ltd from Dagenham UK is a small, active company founded nine years ago. With 32 employees and £572,503 in assets, it’s a modest operation led by six directors and a single owner. The company irregularly imports plastics and plastic products (two months of activity) and exports optical and medical tools and devices (one month of activity). It’s a real address, and the company is a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s website highlights its focus on biotechnology and pest control, specifically leveraging insect intelligence to detect and prevent the spread of pests and diseases. Arctech Innovation is a spin-out from the London School of Hygiene Tropical Medicine, and its core product is the Semeion iQ discovery platform, which fuses artificial intelligence, insect olfaction, and analytical chemistry. The company offers smart traps for pest detection, handheld diagnostic devices, and even works with high-end piano restoration.

Financially, Arctech Innovation Ltd’s numbers show a mixed picture. Current assets decreased by 31% to £570,000, while net assets plunged 36% to £760,000. Cash reserves fell 80% to just £59,000, and bank borrowings increased significantly. Trade debtors rose by 67%, suggesting a possible shift in payment terms. While the company’s small size allows for agility, the decline in equity is concerning. With no auditor mentioned, the financial statements are unaudited. It’s a small company, and the numbers are not always clear.

The company’s focus on innovative pest control solutions and its connection to a respected academic institution suggest potential for growth, but the recent financial performance warrants careful monitoring.

Registered in England/Wales under the registration number 09848787, with a registered address at RM10 7FN, United Kingdom, Dagenham, Essex, The Cube Londoneast-Uk Business And Technical Park, Yew Tree Avenue.

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