Equinox Instruments Ltd

Equinox Instruments Ltd, based in Lincoln, UK, is a small, active company founded 19 years ago. With two employees and £234,591 in assets, it’s a modest operation led by three directors and one owner. The company has a real address and operates as a regular importer and exporter of optical and medical tools and devices, with 57 months of import activity and 4 months of export activity.

The company’s website reveals it’s a leading provider of meteorological instruments across the UK, distributing products from brands like Kipp and Zonen, Lufft, and Prede. It offers a wide range of instruments for various applications, including weather forecasting, renewable energy, and hydrology, and provides repair and calibration services. The website’s structure suggests a focus on B2B sales rather than direct-to-consumer e-commerce, with detailed product information and sector-specific pages.

Financially, Equinox Instruments Ltd shows some concerning trends. While cash bank on hand remains relatively stable at £85,000, current assets decreased by 5.3% to £230,000. Trade debtors have fallen by 9%, which is a good sign, but creditors have increased by 9.5% to £66,000. Net assets have remained steady at £180,000, and the company’s small size (meeting two of three criteria for a small company) helps it maintain agility. The company’s net losses have deepened, and bank borrowings have surged, suggesting a need for careful financial management. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

Overall, Equinox Instruments Ltd appears to be a well-established distributor in a niche market, but the recent financial trends warrant close monitoring. The company’s reliance on a few key suppliers and its relatively small size could make it vulnerable to market fluctuations, but its expertise and reputation should help it navigate challenges.

Registered in England/Wales under the registration number 05535553, with a registered address at LN6 7DJ, England, Lincoln, Unit 0.08 Beevor Street.

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