Tekever Ltd

Tekever Ltd, based in Southampton, UK, is a large, active company established eleven years ago in 2013. Employing forty people and holding £11,059,770 in assets, it operates from a real address at the Southampton Science Park. With two directors and one owner, Tekever maintains a 3.0 Google rating based on a single review. The company regularly imports electrical machinery and equipment, having done so for thirty-one months, and exports aircraft, spacecraft, and their parts for six months.

Tekever specializes in unmanned aerial systems, satellites, and digital transformation, offering surveillance-as-a-service to make oceans safer. Its website highlights three mission-oriented UAS product lines: AR3, AR4, and AR5, each designed for specific operational needs. The company also provides data and intelligence services, leveraging AI and machine learning to deliver actionable insights. Furthermore, Tekever offers expertise in space technologies and digital solutions, combining in-depth knowledge of AI, big data, and mobile tech with design thinking and business strategy analysis. Recent news highlights successful operational flights of its AR3 drone in Ukraine and a joint exercise with U.S. Special Operations Command.

Financially, Tekever Ltd’s recent performance shows some concerning trends. While cash reserves increased by 42% to £4,700,000, net assets remained relatively flat at £9,800,000. However, administrative expenses increased significantly by 54% to £6,600,000, and net losses deepened to £2,300,000. Trade debtors decreased by 66% to £820,000, which could indicate improved collection efforts, but bank borrowings increased by 2,400% to £29,000. The company’s large size (meeting two of three criteria for a large company) suggests it’s navigating a competitive market. The unaudited figures, coupled with the absence of a named auditor, mean these numbers should be viewed with caution.

Overall, Tekever Ltd appears to be a technologically advanced company with a strong focus on innovation, but its financial data suggests it's facing challenges in managing costs and maintaining profitability. The company’s success will likely depend on its ability to secure new contracts and effectively scale its operations.

Registered in England/Wales under the registration number 08684764, with a registered address at SO16 7QJ, England, Southampton, 5 Benham Road, Southampton Science Park, Chilworth.

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