Ionix Advanced Technologies Ltd

Ionix Advanced Technologies Ltd, based in Leeds, UK, is a small holding company with an active status. Established thirteen years ago in 2011, it employs twenty-three people and holds £1,293,388 in assets. The company is led by six directors and five owners, with a real address registered at Lynthorne House. Ionix specializes in the import and export of optical and medical tools and devices, having imported for thirteen months and exported for fifty-one months, with the latest activity recorded in February 2025.

The company's website reveals a focus on extreme environment ultrasonic sensors and asset integrity solutions. It’s a manufacturer of piezoelectric ceramics, ultrasonic probes, and automated monitoring solutions, catering to industries like oil & gas, nuclear, energy, and process control. Their core product, the HotSense platform, enables continuous online ultrasonic monitoring, even at high temperatures, and facilitates data delivery to plant control rooms or the cloud. They also offer transducers for non-destructive testing, including dual probes for thickness surveys and angled probes for weld inspection. The company's website highlights its expertise in corrosion and erosion monitoring, and industrial IoT solutions.

Financially, Ionix Advanced Technologies Ltd presents a mixed picture. While cash reserves increased by 34% to £820,000, current assets decreased by 15% to £1,300,000. Net assets grew by 25% to £1,200,000, but bank borrowings increased significantly, with overdrafts rising by 1.8% and non-financial instruments decreasing by 32%. Trade debtors decreased by 8.5%, which could indicate improved collection efforts, but creditors also fell by 27%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the fluctuating financials warrant close attention. There is no auditor mentioned, likely due to the company's small size and exemption from an audit. Overall, Ionix Advanced Technologies Ltd appears to be navigating a period of change, balancing growth in its core business with managing its financial resources.

Registered in England/Wales under the registration number 07729411, with a registered address at LS13 4LQ, England, Leeds, Lynthorne House, Intercity Way.

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