Fotenix Limited

Fotenix Limited, based in Salford, UK, is a small holding company with an active status, established seven years ago in May 2018. The company employs seven people and holds £305,100 in assets. It’s managed by four directors and owned by two individuals, with a stellar 5.0 Google rating from a single review. Fotenix operates as an irregular importer, primarily dealing in optical and medical tools and devices, with the last import activity recorded two months ago.

The company’s website highlights its focus on revolutionizing agriculture through AI-powered solutions. Fotenix offers "SMART cameras" designed to help farmers in three key areas: crop scouting (detecting pest and disease outbreaks), quality control (ensuring premium produce), and resource targeting (optimizing farm operations). The website emphasizes the benefits of its technology, including faster pest detection, improved labor efficiency, and reduced resource costs. It’s clear they are targeting a niche market, offering discovery sessions to qualify potential clients and quantify profit opportunities.

Financially, Fotenix Limited presents a mixed picture. While current assets remained relatively stable at £310,000, equity took a significant hit, plummeting 100% to zero. Cash bank on hand also decreased by 24% to £110,000. Interestingly, creditors increased by 3.2% to £280,000, and trade debtors rose by 24%. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the substantial decline in equity warrants closer examination. The lack of a named auditor suggests the company is exempt from an audit as a small entity. The accounts are unaudited.

Registered in England/Wales under the registration number 11346942, with a registered address at M6 6AJ, England, Salford, 31 Leslie Hough Way.

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