Generative Parametrics Limited

Generative Parametrics Ltd from Chippenham UK: a small company with an active status, founded fifteen years ago, employs six people, and holds £953,215 in assets. It operates from a virtual address, managed by two directors and a single owner, who is also the solo founder. The company regularly imports electrical machinery and equipment, with seven months of import activity recorded.

The company specializes in advanced design for a changing world, providing generative design, development, and manufacturing services to global sectors like automotive, energy, telecommunications, and specialist industries. Its unique modeling methodologies enable quicker solutions than traditional approaches. Generative Parametrics delivers solutions through partnering with global clients, accelerating products to market using optimised design processes. The website showcases a portfolio of projects, including automotive design, scientific research, and consumer product development. It also details its use of cookies for website optimization and user preferences.

Financially, Generative Parametrics Ltd demonstrates some interesting trends. While cash reserves increased by 18% to £790,000, current assets declined by 4.5% to £950,000. Trade debtors have fallen significantly, dropping 74% to £43,000, which could indicate better collection practices or a shift in sales terms. However, bank borrowings have increased substantially, rising by 2,400% to £29,000, and net losses deepened, suggesting the company is burning through cash. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the increased borrowings and losses are concerning. With no auditor mentioned, the figures rely on unaudited statements.

Registered in England/Wales under the registration number 07023998, with a registered address at SN15 1BN, England, Chippenham, Wiltshire, Unit 2 Greenways Business Park, Bellinger Close.

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