Micro Control Instruments Ltd.

Micro Control Instruments Ltd, based in Uckfield, UK, is a small, active company founded twelve years ago. Despite its status, the company has overdue accounts and confirmation statements for three years, a potential indicator of administrative challenges. Employing just seven people and holding £237,513 in assets, it’s a relatively modest operation overseen by two directors and one owner. The company regularly imports goods, though the specific category remains unspecified, and exports optical and medical tools and devices, a niche area with just four months of export activity recorded.

The company’s website, while simple, highlights a focus on generating excitement and showcasing products. It offers a newsletter signup and encourages visitors to contact them in person, suggesting a desire to build customer relationships. The site also mentions a subscription discount, a common tactic for attracting new customers.

Financially, Micro Control Instruments Ltd presents a mixed picture. Current assets have fallen by 28%, dropping to £240,000, while net assets have plummeted by a dramatic 92%, reaching -£79,000. This significant equity decline is concerning. Bank borrowings have increased slightly, and cash reserves have fallen sharply, dropping 94% to just £7,800. Creditors have also decreased, which could be a positive sign of improved debt management. The company’s size (meeting two of three conditions for a small company) allows for agility, but the large equity drop warrants closer attention. With no auditor mentioned, the figures are unaudited.

The company’s financial data suggests it’s burning through money, potentially a common challenge for startups or companies facing operational difficulties. The decline in assets and cash reserves, coupled with the negative equity, indicates a need for careful financial planning and potentially new revenue streams. While the company’s niche in optical and medical tools and devices offers potential, the current financial trajectory requires monitoring.

Registered in England/Wales under the registration number 08515142, with a registered address at TN22 5RH, England, Uckfield, Innovation Stables, Unit 16 Pump Lane, Newplace Park, Framfield.

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