Faraday Predictive Limited

Faraday Predictive Ltd, based in Cambridge, UK, is a small, active company founded seven years ago in 2017. With four employees and £139,410 in assets, it operates from a real address within the St John’s Innovation Centre. The company has three directors but no registered owners, a common situation for smaller entities. It’s an irregular importer of electrical machinery and equipment, with just one month of import activity recorded, and a regular exporter of optical and medical tools and devices, having exported for four months.

The company’s website highlights its focus on condition monitoring and energy optimisation of rotating machinery. Faraday Predictive offers a range of products and services, including portable equipment, on-site diagnostic surveys, training courses, and even a belt drive demo video. It targets various industries, from oil and gas to pharmaceuticals, emphasizing the benefits of condition-based maintenance to improve performance and reduce costs. The website also features a calculator for motor current and power consumption, demonstrating a focus on practical solutions for its clients.

Financially, Faraday Predictive Ltd presents a mixed picture. While current assets increased by 24% to £140,000, equity plummeted 40% to £28,000, a significant drop. Bank borrowings are not mentioned, but creditors rose sharply by 57% to £130,000, suggesting increased reliance on short-term financing. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity warrants attention. The company is exempt from an audit, so the figures are unaudited. The company has a deferred tax liability of £6,200. The company’s growth in trade debtors is 23%, which may be a sign of growth or a potential issue with collections.

Registered in England/Wales under the registration number 10798916, with a registered address at CB4 0WS, United Kingdom, Cambridge, St Johnæs Innovation Centre, Cowley Road.

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