Address Robotics Limited

Address Robotics Limited, based in London, UK, is a small, active company founded just one year ago. With eight employees and £216,942 in assets, it operates from a real address and is managed by three directors and two owners. The company is an irregular importer, primarily dealing in miscellaneous metal items, with its last import operation occurring in December 1.

The company’s website, UK Robotics, focuses on lab automation solutions. It highlights user-friendly and reliable systems, emphasizing repeat business and word-of-mouth marketing rather than large-scale advertising. They offer a range of services, including system integration, software development, and device support, catering to a niche market.

Financially, Address Robotics Limited presents a mixed picture. While the company’s assets remain stable, with no significant changes reported, its equity has taken a hit, dropping to -£1,200,000. Bank borrowings have increased substantially, reaching £29,000, and cash reserves have dwindled to just £930. Creditors remain high at £1,600,000, and trade debtors are £220,000. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the negative equity raises concerns about its long-term financial health. No auditor is mentioned, likely due to its small size and exemption from an audit. It’s clear that the company is burning through money, and the directors will need to address this quickly.

Registered in England/Wales under the registration number 15067167, with a registered address at NW10 7UD, United Kingdom, London, Unit 3.06 Segro V-Park Grand Union, North Circular Road.

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