Axivity Ltd

Axivity Ltd, based in Newcastle Upon Tyne, UK, is a small, active company founded 14 years ago. With just two employees and £1,611,248 in assets, it's a modest operation led by three directors and a single owner, Vanessa Gossage. The company has a real address and operates from The Core Bath Lane, Newcastle Helix. While it irregularly imports optical and medical tools and devices (last activity in May 2024), its core business is exporting clocks, watches, and their parts – a consistent activity spanning 55 months, with the latest export in February 2025.

Axivity’s website highlights its focus on human movement studies, particularly using the AX3 sensor for physical activity data collection, notably for the UK Biobank’s 100,000-participant study. The company emphasizes the sensor’s open API, RAW data format, and parallel download options, positioning it as a choice for both large and small cohort studies. It also caters to performance assessment and research areas like autism and animal behavior, showcasing versatility. The site also provides contact details, including a telephone number and email address.

Financially, Axivity Ltd demonstrates a mixed picture. Cash reserves have seen a significant boost, increasing by 140% to £1,200,000, while current assets have doubled to £1,600,000. However, net assets have also increased by 110% to £1,500,000, indicating a reliance on equity financing. Bank borrowings have decreased, and trade debtors have increased by 7.7%. Despite a small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the company has seen a 50% increase in the average number of employees. With no auditor mentioned, the financial statements are unaudited. The company’s increased equity suggests a healthy growth trajectory, but it’s important to monitor its cash flow to ensure it can sustain its operations.

Registered in England/Wales under the registration number 07594024, with a registered address at NE4 5TF, United Kingdom, Newcastle Upon Tyne, Tyne And Wear, The Core Bath Lane, Newcastle Helix.

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