Objective Imaging Limited

Objective Imaging Ltd, based in Cambridge, UK, is a small, active company established 25 years ago. With 14 employees and £1,566,413 in assets, it’s a modest-sized operation led by five directors, although no owners are officially listed. The company imports and exports electrical machinery and equipment regularly, having imported for 12 months and exported for a substantial 94 months. It operates from a real address, registered as CB25 9AU, Cambridge, Unit 1 Quy Court, Colliers Lane Stow Cum Quy.

The company specializes in digital pathology solutions, offering scanning and sharing capabilities for whole slide images. Its Glissando slide scanners deliver high-quality images, and the ImageShare workstation allows for simple remote viewing via web browser links. They offer a range of scanners, including the Glissando 20SL, Glissando POL, and Glissando Desktop, alongside the ImageShare archiving and viewing solution. A newer Glissando XL system allows for parallel slide scanning. Their website highlights the ability to share scans quickly and easily, catering to clinical and research applications.

Looking at the financial data, Objective Imaging Ltd shows a mixed picture. Accrued liabilities have completely disappeared, a dramatic shift. Deferred income has increased significantly, by 1,300%, to £1,500,000, which could indicate a large backlog of orders or a change in billing practices. While bank borrowings have risen slightly, the most concerning trend is the substantial decrease in cash reserves – down 72% to £41,000. Trade debtors have also increased considerably, by 350%, suggesting customers are taking longer to pay. Equity has taken a big hit, falling by 250% to -£530,000, which is a significant red flag. Despite these challenges, the company maintains a consistent number of employees (14) and has managed to decrease creditors by 54%. The company is exempt from an audit, so the numbers are unaudited.

In conclusion, Objective Imaging Ltd appears to be facing financial pressures. The significant decrease in cash and the negative equity position suggest it’s burning through money, although the increase in deferred income could be a temporary boost. The company’s focus on digital pathology solutions and its proven technology offer potential for future growth, but it will need to address its cash flow issues to ensure long-term sustainability.

Registered in England/Wales under the registration number 03961332, with a registered address at CB25 9AU, Cambridge, Unit 1 Quy Court, Colliers Lane Stow Cum Quy.

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