Cerca Magnetics Limited
- Small
- Holding
- Active
- 4 years
- 16 employees
- £4,384,561 (assets)
- Real address
- 3 directors
- 2 owners
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Cerca Magnetics Limited, based in Staplehurst, UK, is a small holding company with an active status. Founded four years ago in July 2020, the company employs seven people and holds assets worth £4,630,669. It has a real address and is managed by three directors and two owners. The company regularly imports and exports optical and medical tools and devices, with 11 months of import activity and 25 months of export activity recorded.
The company's website showcases a revolutionary technology: wearable MEG scanners. Cerca Magnetics develops and markets the OPMMEG system, a lightweight, ergonomic, and wearable device designed for functional brain scanning. It’s a significant departure from traditional, bulky MEG scanners. The technology is aimed at neuroscience research, mental health diagnosis, epilepsy management, dementia studies, and brain injury assessments. The website highlights the system's superior sensitivity, spatial precision, and lower cost compared to conventional scanners, emphasizing its potential to advance brain function research. The company also offers magnetically shielded rooms and a fully integrated solution. It’s important to note that the system is offered as a research system and does not have medical or regulatory approvals.
Financially, Cerca Magnetics Limited shows some interesting trends. While net assets decreased by 21% to £160,000, cash reserves increased by 33% to £880,000. However, trade debtors decreased significantly by 89%, suggesting potential issues with customer payments. Bank borrowings remained stable at £300,000. Average employee numbers jumped by a substantial 130%, rising to 16—a sign of growth, though it also means increased operational costs. Creditors also increased by 11% to £4.4 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile. The accounts were audited by Kreston Reeves LLP.
The company’s focus on cutting-edge technology and its growth in employee numbers suggest a promising future, but the decrease in trade debtors warrants closer monitoring. The substantial increase in creditors may also indicate a need for careful financial management.
Registered in England/Wales under the registration number 12766132, with a registered address at TN12 0DS, United Kingdom, Staplehurst, Kent, C/O Magnetic Shields Limited, Headcorn Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 4 years
- 25%+
-
Resident of United Kingdom
-
Corporate
- The University Of Nottingham
- 4 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
- 6
-
Resident of United Kingdom
-
Individual
- 4 years
-
Resident of United Kingdom
-
Individual
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
-
Accounts for a small company made up to 2024-12-31Download 16 pages pdf report
-
Confirmation statement made on 2025-05-10 with updatesDownload 5 pages pdf report
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Second filing of a statement of capital following an allotment of shares on 2024-09-02Download 4 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about Cerca Magnetics Limited
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