Connectomx Ltd

Connectomx Ltd, based in Wantage, UK, is a small, active company founded seven years ago in 2017. With six employees and £117,673 in assets, it operates from a virtual address shared by thirty-six other companies, a fact that raises some questions. The company has three directors and two owners, though the owner list may not be exhaustive.

Connectomx Ltd specializes in volume electron microscopy solutions, selling the "katana microtome," a device that transforms standard scanning electron microscopes into volume SEMs. Its website showcases applications in flatworm research, dentin tubule occlusion studies, and tobacco seedling analysis, demonstrating a focus on scientific and technical consulting and research & development. The company is a regular importer of electrical machinery and equipment, with 4 months of import activity recorded, and an irregular exporter of optical and medical tools and devices, with just 1 month of export activity.

Financially, Connectomx Ltd shows a mixed picture. While cash reserves increased dramatically by 570%, reaching £63,000, current assets only increased by 59% to £120,000. Bank borrowings decreased by 34% to £19,000, and creditors decreased by 51% to £24,000, which is a positive sign. However, net assets declined by 12% to -£430,000, and the company's retained earnings and accumulated losses are also down. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, likely due to its small size.

Overall, Connectomx Ltd appears to be navigating a period of change. The increased cash reserves and improved debt management are encouraging, but the negative equity and declining net assets suggest the company is burning through money. Whether it can sustain its growth and profitability remains to be seen—but its focus on niche scientific applications and high-value equipment gives it a unique position in the market.

Registered in England/Wales under the registration number 10939826, with a registered address at OX12 7JJ, England, Wantage, The Manor Main Street, Grove.

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