Ionetic Limited

Ionetic Limited, based in Brackley, UK, is a small, active company founded just three years ago in 2021. With £354,042 in assets and a real registered address, it’s a solo-founded operation run by four directors and a single owner. The company operates in the other research and experimental development on natural sciences and engineering industries. It’s a irregular importer, with its top import category being Electrical machinery and equipment, totaling 1 months of imports, the latest in November 2024.

The company’s website, markallengroup.com, is a digital magazine and news platform dedicated to electric hybrid vehicle technology. It features articles, videos, and supplier spotlights covering a wide range of topics, from battery technology to powertrain components. The site’s content is aimed at industry professionals and enthusiasts alike, and it’s a comprehensive resource for anyone interested in the future of transportation. While the website is extensive, it’s primarily a content hub—not an e-commerce site. It’s clear that Ionetic Limited’s role is likely to be providing content or services related to this industry, rather than directly selling products.

Financially, Ionetic Limited shows a mixed picture. Net assets plunged 220% to -£290,000, while cash reserves increased by a remarkable 640% to £280,000. Bank borrowings surged by a significant 2,400% to £13,000, and creditors decreased by 73% to £4,300. The increase in cash reserves is encouraging, but the substantial net loss and increased borrowings suggest the company is burning through money. The lack of employees (just two reported) hints at a lean operation, but the negative equity raises concerns. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

Overall, Ionetic Limited appears to be a small, research-focused company navigating the challenges of a rapidly evolving industry. The strong cash position is a positive sign, but the negative equity and increased debt suggest the company is facing financial pressures. It’s likely that Ionetic Limited is investing heavily in content creation and industry analysis, hoping to establish itself as a key player in the electric hybrid vehicle technology space.

Registered in England/Wales under the registration number 13580024, with a registered address at NN13 7UG, England, Brackley, Northamptonshire, Arc House, Top Station Road.

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