Influx Technology Limited

Influx Technology Ltd from Beds UK is a small, active company founded 25 years ago in 1999. It employs just three people and holds £587,096 in assets, operating from a real address in Biggleswade. With three directors and a solo founder, Keen Lance at the helm, the company regularly imports and exports optical and medical tools and devices – 15 months of imports and 74 months of exports recorded. The company’s core business appears to be data acquisition for the automotive industry, as evidenced by its website.

The website, influxtechnology.com, showcases a range of data loggers, analysers, and cables designed for secure and reliable data acquisition. It seems to target OEMs and innovators, offering configurable, easy-to-use, and scalable solutions, including wireless CANtoCloud data capabilities. The site highlights a “REXGEN Pro” product line and offers instrumentation measurement experience, alongside news and support resources. It’s clear the company is focused on a specialized niche, serving a technical audience.

Financially, Influx Technology Ltd presents a mixed picture. Cash bank on hand decreased by 20% to £60,000, while current assets increased by 29% to £590,000. Trade debtors increased significantly by 92%, suggesting a possible reliance on customer payments. However, creditors also increased by 7%, and net losses deepened. Investments in group undertakings increased by 220%, indicating a potential expansion strategy. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the financial statements are unaudited.

Overall, Influx Technology Ltd seems to be navigating a period of change. While its revenue is growing, the increased debt and decreased cash reserves suggest it's burning through money. The company’s future hinges on its ability to maintain its specialized focus and continue innovating in the automotive data acquisition market.

Registered in England/Wales under the registration number 03764010, with a registered address at SG18 0LD, Beds, Brigham House High Street, Biggleswade.

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