Spaceflux Ltd

Spaceflux Ltd, based in London, UK, is a small, active company founded three years ago. Employing just one person, it holds £1,145,153 in assets and operates from a real address. With six directors and two owners, Spaceflux is a unique blend of importer and exporter. It irregularly imports electrical machinery and equipment (just one month of activity), but regularly exports optical and medical tools and devices (five months of activity).

The company's website paints a picture of a business tackling a critical challenge: space debris. Spaceflux offers real-time data-driven space situational awareness services, leveraging a global network of optical sensors and AI analysis to track hazards and minimize collision risks. It targets government defense agencies, satellite operators, and insurance companies, offering services ranging from advanced satellite tracking to collision avoidance. The site’s blog highlights Spaceflux's involvement in asteroid monitoring efforts and its role in tracking the Intelsat 33E fragmentation, showcasing its expertise and commitment to space safety.

Financially, Spaceflux Ltd presents a mixed picture. While cash reserves have dramatically increased by 1,300%, reaching £280,000, net assets have decreased by 50% to -£340,000. Creditors have also surged by 810%, reaching £390,000, suggesting increased reliance on borrowing. Trade debtors have also risen significantly, ballooning by 370% to £870,000, potentially indicating delayed customer payments. Despite the challenges, the company’s small size (meeting two of three conditions for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The sharp increase in debt alongside the decrease in equity raises questions about Spaceflux’s financial sustainability. However, its focus on a high-growth, niche market—space situational awareness—and its technological innovation could provide a path to long-term success.

Registered in England/Wales under the registration number 14023744, with a registered address at N1 2HY, England, London, The Ivories, Unit 21, 6-18 Northampton Street.

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