Fuel Cell Sensors Limited

Fuel Cell Sensors Ltd, based in Newport, UK, is a small holding company with an active status, celebrating 20 years since its founding in 2004. The company employs seven people and holds assets valued at £1,598,440. It operates from a virtual address, registered with ninety-two other companies, and is managed by two directors and one owner. Fuel Cell Sensors runs an e-commerce site, specializing in the design and manufacture of fuel cell sensors.

The company's website highlights its expertise in alcohol breath sensors, transdermal alcohol detection, and even offers bespoke sensor design and consultancy services. It caters to a global market, supplying components to major players in the industry, though confidentiality prevents a full list of clients from being published. The website also mentions a division focused on high-end piano restoration, a separate venture that operates from Cambridge and even has a showroom in Harrods.

Financially, Fuel Cell Sensors Ltd has experienced some significant shifts. Cash reserves have fallen dramatically by 80%, dropping to £1.4 million, while current assets have also decreased by 79%, reaching £1.6 million. Debtors have plummeted by 92%, suggesting a challenge in collecting payments, and bank borrowings have increased by 350%, reaching £8,400. On a positive note, accrued liabilities have increased by 39%, indicating better management of short-term obligations. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 25 employees) allows for flexibility, but the sharp decline in equity raises concerns. The financial statements are unaudited, and no auditor is mentioned, likely due to the company's status as a small entity.

Overall, Fuel Cell Sensors Ltd appears to be navigating a period of financial pressure, despite its established reputation and specialized services. The dual focus on sensor technology and piano restoration presents an interesting dynamic, but the company will need to address its financial challenges to ensure long-term sustainability.

Registered in England/Wales under the registration number 05123078, with a registered address at NP10 8FY, Wales, Newport, Severn House, Hazell Drive.

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