Serac Imaging Systems Ltd

Serac Imaging Systems Ltd, based in London, UK, is a small holding company with an active status, established seven years ago. The company employs eight people and holds £292,733 in assets. It operates from a virtual address, registered with 337 other companies, and is overseen by four directors and one owner. It’s an irregular importer, primarily dealing with electrical machinery and equipment, with recent imports recorded just two months ago.

The company's website reveals a fascinating focus: developing and marketing Seracam, a revolutionary gammaoptical camera designed for nuclear medicine. This camera aims to bring molecular imaging to the patient's bedside, offering a more efficient and cost-effective alternative to traditional SPECT CT cameras. Seracam leverages technology originally developed for NASA space observatories, promising high-resolution imaging with greater ease of use. The company highlights its compact design, intuitive operating system, and potential to improve patient access to care and workflow in nuclear medicine departments. They are currently testing Seracam at clinical sites and pursuing regulatory submission.

Financially, Serac Imaging Systems Ltd presents a mixed picture. While current assets have decreased by a significant 39% to £290,000, creditors have risen considerably by 32%, reaching £4.8 million. Net assets have also fallen sharply, dropping 83% to -£2 million. Cash reserves have declined by 6%, sitting at £110,000. The company's small size (meeting two of three criteria for a small company) allows for agility, but the decrease in equity raises concerns. No auditor is mentioned, reflecting its status as a small company exempt from an audit. The company’s turnover is not available, but the decrease in assets suggests a period of financial pressure. The company’s website indicates a focus on innovation and clinical applications, but the financials suggest it’s burning through cash, and it’s not clear if the technology will translate into revenue.

Registered in England/Wales under the registration number 11074795, with a registered address at W1T 1QL, United Kingdom, London, 6th Floor Charlotte Building, 17 Gresse Street.

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