COMMUTE AUTOMATION LTD

Executive Summary

Commute Automation Ltd shows promising asset growth driven by capitalized development costs but faces liquidity challenges with negative working capital. While the company is solvent with positive equity, managing cash flow and monitoring amortization of intangible assets will be critical for sustained financial health. Immediate focus on liquidity improvement and operational efficiency is recommended.

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Mortgages and charges registered against this company

Sprk Capital Limited

Registration Date
23 January 2024
Charge number
3
Status
fully-satisfied
Source data

Sprk Capital Limited

Registration Date
26 September 2023
Charge number
2
Status
fully-satisfied
Description
The client charges, by way of first legal mortgage all the land now owned by it.. “Land” is:. 1. freehold, leasehold or commonhold land;. 2. any estate or interest in, and any rights attaching or relating to, that land; and. 3. any buildings, fixtures and fittings (including trade fixtures and fittings) and other equipment attached to, situated on or forming part of that land.. The client charges, by way of first fixed charge, all of the rights which it now has and all of the rights which it obtains at any time in the future in intellectual property.. “Intellectual property” is:. 1. any intellectual property acquired after the date of this deed which is designated as intellectual property by the client and the lender on or about the time of its acquisition; and. 2. all other copyright (including rights in computer software), patents, trade marks, trade names, service marks, business names (including internet domain names), design rights, database rights, semi-conductor topography rights and all other intellectual property or similar proprietary rights (whether registered or not and including applications to register or rights to apply for registration) which, in each case, are of a type which are not disposed of in the ordinary course of trading.
Source data

Buzz Capital Finance Limited

Registration Date
4 August 2022
Charge number
1
Status
fully-satisfied
Source data

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