Autonaut Limited

Autonaut Ltd from Holsworthy UK is a large company, operating as a holding company with an active status. Founded twelve years ago in 2012, it employs fifteen people and holds £474,634 in assets. Based at a real address, the company is overseen by five directors and one owner. It regularly imports electrical machinery and equipment, with three months of import activity recorded, and exports irregularly, with two months of export activity.

The company's website describes AutoNaut as an uncrewed surface vessel (USV) propelled by wave motion. It’s a renewable energy-powered vessel designed for oceanic data collection, operating independently in hazardous marine environments and overseen from shore. The company, a division of Seiche Ltd, boasts a showroom in Harrods, London, and operates from Okehampton, Devon. It's clear the company is focused on the marine technology sector.

Financially, Autonaut Ltd’s report paints a mixed picture. While cash reserves increased by a significant 490% to £250,000, net assets decreased by 44% to -£600,000. Turnover decreased by 47% to £470,000, and the company’s average number of employees dropped by 40% to nine. Bank borrowings decreased, and creditors also fell, suggesting some improvements in debt management. The company meets two of three criteria to be considered large, with turnover exceeding £36 million and balance sheet total exceeding £18 million. No auditor is mentioned, likely due to the company’s small size.

Overall, Autonaut Ltd appears to be navigating a period of transition. While cash flow has improved, the decrease in net assets and employee numbers suggests potential challenges. The company's focus on innovative marine technology, however, could position it for future growth, despite these current pressures.

Registered in England/Wales under the registration number 08151940, with a registered address at EX22 7SF, United Kingdom, Holsworthy, Devon, Bradworthy Industrial Estate Langdon Road, Bradworthy.

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