Seesense Ltd

Seesense Ltd from Reading UK: a small, active company founded 16 years ago, employs just two people, and holds £29,767 in assets. It operates from a virtual address, managed by three directors and two owners – a family business. The company regularly imports optical and medical tools and devices (37 months) and exports electrical machinery and equipment (4 months).

Seesense Ltd is a technology company focused on making cycling safer and providing data for cities to plan active travel. Its website showcases a range of smart bike lights, GPS trackers, and data dashboards designed for both individual cyclists and fleet operators. The company offers products like the AGILE bike light series and the SUMMIT2 GPS tracker, alongside a data insight dashboard. The website emphasizes the company’s patented technology, award-winning design, and commitment to privacy. It seems like they are primarily focused on B2B sales, targeting city planners and fleet managers, alongside direct-to-consumer sales of their lights. The website doesn's appear to be an e-commerce site, but rather a marketing platform to promote their products and services.

Financially, Seesense Ltd presents a mixed picture. Current assets have decreased by 40% to £30,000, while net assets have also dropped by 32% to £9,200. Bank borrowings have fallen by 48%, but cash reserves have increased by a significant 140% to £14,000. A notable decline is seen in trade debtors, down 67%, which could indicate improved collections. However, other creditors have increased substantially, by 870%, to £6,000, which might be a concern. The company's small size (meeting two of three criteria for a small company) helps it remain flexible, but the decrease in equity is something to keep an eye on. The accounts are unaudited, and no auditor is mentioned.

Registered in England/Wales under the registration number 06800162, with a registered address at RG10 9HU, England, Reading, C/O Gisela Sharpe 16 Lincoln Gardens, Twyford.

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