Eco Morpheus Limited

Eco Morpheus Limited is a small, active company based in Aberdeen, UK, founded four years ago in May 2020. With just two employees and £111,288 in assets, it's a family business run by four directors and three owners. The company operates in the development of building projects industries and is an irregular importer, with its top import category being Wood and Wood Products, totaling one month of imports. It has a registered address, but it’s likely a virtual one as twelve companies share the same location.

The company’s website reveals a fascinating, specialized venture: Computational Fluid Dynamics (CFD) software. Morpheus Fluid Dynamics offers a cutting-edge, meshless CFD technology aimed at professionals in aerospace, automotive, medical, environment, oil & gas, and defence sectors. The website highlights the software's accuracy, ability to handle complex geometries, and ease of use, with testimonials from satisfied customers praising its performance and ability to accelerate design processes. It’s clear that Morpheus isn’s just selling software; it’s offering a solution to complex engineering challenges.

Financially, Eco Morpheus Limited presents a mixed picture. While cash bank on hand has dramatically increased by 1800%, reaching £11,000, current assets have also increased by 79%, reaching £110,000. However, net assets have decreased by 24%, settling at -£20,000. Creditors have risen by 44%, reaching £140,000, and trade debtors have increased by 63%, reaching £100,000. 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 for agility, but the decline in equity suggests it's burning through cash. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

It seems Eco Morpheus Limited is investing heavily in its CFD software development and marketing, which explains the increased spending and the decrease in equity. The dramatic increase in cash on hand suggests successful funding or sales, but the rising creditors and debtors indicate potential cash flow challenges. It's a high-risk, high-reward strategy, and whether it will pay off remains to be seen.

Registered in Scotland under the registration number SC661875, with a registered address at AB10 1QR, Scotland, Aberdeen, 100 Union Street.

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