Sensoteq Ltd

Sensoteq Ltd, based in Belfast, UK, is a small holding company with an active status, established nine years ago in 2016. Employing 25 people, the company holds £3,295,744 in assets and operates from a real address at Unit 23, Ormeau Business Park. Led by four directors and owned by three individuals, Sensoteq specializes in importing and exporting optical and medical tools and devices – with 5 months of import activity and 35 months of export activity recorded.

The company's website highlights its focus on wireless industrial sensing solutions for predictive maintenance. They offer Kappa X, Tau, E, Chi, and Analytix solutions, emphasizing remote machine health monitoring, realtime data analytics, and expert data analysis. Their partners use Kappa X for vibration applications, praising its high frequency capabilities and reliable battery life. The site also features testimonials from clients, showcasing the company's commitment to customer support and data-driven insights. It’s clear Sensoteq aims to provide a comprehensive suite of solutions for industrial process and production industries.

Financially, Sensoteq Ltd presents a mixed picture. While cash reserves increased significantly by 300% to £1,100,000, net assets declined by 140% to -£2,000,000. This suggests an investment phase, potentially fueled by increased bank borrowings, which surged by 2,400% to £29,000. Trade debtors increased by 890%, indicating a reliance on customer payments. The company’s small size – meeting two of three criteria for a small company – allows for agility, but the substantial equity decrease warrants attention. The lack of an auditor mentioned, likely due to its small size, means the figures are unaudited. Furniture fittings increased by 22%, while office equipment saw a larger increase of 32%.

Overall, Sensoteq Ltd appears to be actively investing in its growth, but the declining equity and increased debt suggest a need for careful financial management. The company’s focus on innovative sensing solutions and strong customer testimonials, however, provides a solid foundation for future success.

Registered in Northern Ireland under the registration number NI637702, with a registered address at BT7 2JA, Northern Ireland, Belfast, Unit 23, Ormeau Business Park, Cromac Avenue.

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