Lacuna Space Ltd.

Lacuna Space Ltd from Didcot UK is a small, active company founded eight years ago. With four employees and £1,965,549 in assets, it operates from a real address and is overseen by three directors and two owners. The company is an irregular importer, primarily dealing with optical and medical tools and devices, with just one month of imports recorded recently.

The company's focus is on providing low-cost, simple, and reliable global connections for sensors and mobile equipment. Its website highlights solutions for smart agriculture, asset tracking, and wildlife conservation, emphasizing a vision of a world with securely connected devices using open standards. It's clearly targeting a niche market of users needing remote monitoring capabilities, regardless of location. The site also mentions partnerships and industrial users shaping the future of connected devices.

Financially, Lacuna Space Ltd presents a mixed picture. Cash bank on hand has decreased by 46% to £1,600,000, while net assets have increased by 33% to £820,000. However, accrued liabilities have fallen significantly, dropping 62% to £990,000. The number of employees reported has increased dramatically, rising 150% to ten, which could indicate expanding operations. Trade debtors have also increased by 33% to £340,000. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, suggesting an exemption for small companies.

While the company’s revenue appears to be growing, the sharp decrease in cash reserves and the increase in trade debtors suggest it might be burning through money faster than it's bringing it in. The increase in employees, however, could be a sign of future growth, or it could be a sign that the company is struggling to manage its expenses. It's a situation that warrants careful monitoring.

Registered in England/Wales under the registration number 10367942, with a registered address at OX11 0QX, England, Didcot, R27, Rutherford Appleton Laboratory, Harwell Campus.

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