Automatrics Limited

Automatrics Ltd, based in Gosport, UK, is a small, active company founded nineteen years ago in 2006. With six employees and £231,229 in assets, it’s a well-established player in its niche. The company boasts a perfect 5.0 Google rating from sixteen reviews, indicating high customer satisfaction. Two directors and one owner steer the ship, operating from a real address with only one other company registered there. It’s a regular importer, primarily of electrical machinery and equipment, with recent activity recorded in January 2024.

The company’s website, automatrics.co.uk, showcases a specialized business focused on security tracking systems, particularly GPS trackers. It positions itself as a direct provider, bypassing middlemen and offering a secure service. The core product, Automatrics MTrack, incorporates unique technologies like GSM Timing Advance and a secret RF radio beacon, allowing for asset recovery even when GPS is jammed. The site highlights applications across various sectors, including car, motorcycle, plant, and boat security, and even offers international tracker services. It’s clear that the company is targeting a premium market, emphasizing award-winning technology and police partnerships.

Financially, Automatrics Ltd presents a mixed picture. While current assets increased by 14% to £230,000, net assets jumped a significant 36% to £240,000. Bank borrowings, however, spiked by a staggering 1,100% to £22,000, and cash reserves rose 50% to £72,000. Creditors decreased by 6.2%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. It’s worth noting that the company’s equity dropped 73% to £16,000. With no auditor mentioned, the figures are unaudited.

Overall, Automatrics Ltd appears to be a financially stable, albeit small, business. The sharp increase in borrowings suggests a possible investment in growth or expansion, though it’s not clear what this might be. The company's focus on a specialized market and its strong online presence position it well for continued success, but keeping an eye on debt levels will be important going forward.

Registered in England/Wales under the registration number 05757317, with a registered address at PO13 9FU, England, Gosport, Hampshire, Merlin House 4 Meteor Way, Lee On The Solent.

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