Evolved Pyrotechnics Uk Limited

Evolved Pyrotechnics Uk Limited, based in Edinburgh, UK, is a small, active company founded ten years ago. With two employees and £56,909 in assets, it operates from a real address and is overseen by two directors and one owner. The company regularly imports electrical machinery and equipment, with its last import operation occurring in September 2019.

The company's website details a unique system for professional pyrotechnics, focusing on an "ABS Single Shot Plug" designed to improve efficiency and safety in firing displays. The system appears to be geared towards industrial use, with a focus on precision and reduced smoke creation. The website highlights compatibility with various firing systems and offers downloadable design diagrams. It's a complex system, and the website is very technical.

Financially, Evolved Pyrotechnics Uk Limited shows some concerning trends. Current assets have plummeted by 71%, dropping to £57,000, while net assets have also fallen significantly, now at -£41,000. Cash reserves have decreased by 9.9%, sitting at £56,000. Creditors have increased dramatically, rising by 160%, reaching £98,000. While the company’s small size (meeting two of three criteria for a small company) allows for agility, the substantial equity decline suggests it’s burning through cash. Bank borrowings have increased, though this is not a huge amount. The company is exempt from an audit, so the figures are unaudited.

The company’s focus on a niche, technically advanced product could explain some of these trends. Developing and marketing such a system likely requires significant investment, and it may take time to achieve profitability. It's possible the company is reinvesting heavily in product development or marketing, which could be a positive sign for the long term.

Registered in Scotland under the registration number SC494648, with a registered address at EH13 0FE, Scotland, Edinburgh, 34 Scald Law Drive.

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