Vortexa Group Ltd

Vortexa Group Ltd, based in Grimsby, UK, is a small, active company founded six years ago. Employing just two people, it holds £1,240 in assets and operates from a real address. With two directors and two owners—a family business—it boasts a stellar 5.0 Google rating from four reviews. The company operates in the manufacture of other textiles and the retail sale via mail order houses or via the internet.

The company's website reveals a sophisticated operation focused on providing realtime insights into the energy and freight markets. It offers a range of products and services, including Energy Flows, Freight Analytics, and LNG Analytics, all underpinned by AI-powered data processing. Vortexa caters to a global clientele, offering cargo tracking, freight pricing benchmarks, and integration tools—a far cry from its small size. It even has a blog and academy for industry experts.

Financially, Vortexa Group Ltd shows a concerning trend. While bank borrowings have disappeared, cash reserves have plummeted by 96%, leaving just £40. Current assets have also decreased significantly by 91%, dropping to £1,200. Trade debtors have increased by a staggering 1,100%, suggesting potential issues with customer payments. Although creditors have decreased by 90%, this might be a temporary effect. Net assets have also declined by 14%, reaching -£12,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp decline in assets raises questions about its financial health. No auditor is mentioned, so the figures are unaudited.

It seems Vortexa Group Ltd is burning through cash, despite its impressive product offerings. The company's reliance on its sophisticated technology and global market reach may not be enough to offset the financial pressures—but it’s clear they’re aiming high.

Registered in England/Wales under the registration number 11640318, with a registered address at DN41 7QN, England, Grimsby, Tudor Garth 18a Stallingborough Road, Healing.

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