Barnard Microsystems Limited

Barnard Microsystems Ltd from Taunton, UK, is a small, family-run company with an active status, having been founded 38 years ago in 1986. With just four employees and £966,123 in assets, it operates from a virtual address – a detail worth noting as sixty other companies are registered at the same location. The business is managed by three directors and owned by two individuals. It’s a regular importer of aircraft, spacecraft, and their parts, with three months of import activity recorded, and an irregular exporter of electrical machinery and equipment, with one month of export activity.

The company’s website highlights its focus on unmanned aircraft for civilian, security, and military applications. They offer remotely piloted aircraft for missions worldwide, emphasizing capabilities like pipeline surveillance, border patrol, and formation flying. Their services extend to heavy lifting, robust aircraft design, and specialized applications like 2D and 3D mapping and humanitarian support. The website also mentions an Internet of Things (IOT) mesh network and satellite communications, showcasing a focus on advanced technology.

Financially, Barnard Microsystems Ltd presents a mixed picture. While cash bank on hand decreased by 7.1% to £160,000, current assets increased by 2.9% to £970,000. Creditors decreased by 6% to £170,000, suggesting improved debt management. However, net assets increased by 10% to £850,000, and retained earnings remained steady. The company’s small size – meeting two of three criteria for a small company – allows for flexibility, but the rise in debtors by 39% to £180,000 could indicate payment delays. As a small company, Barnard Microsystems Ltd is exempt from an audit, and the financial information is unaudited. The company’s future depends on its ability to capitalize on its specialized UAV technology and maintain a stable financial footing.

Registered in England/Wales under the registration number 02036636, with a registered address at TA1 2PX, Taunton, Somerset, Stafford House, Blackbrook Park Avenue.

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