Automata Technologies Limited

Automata Technologies Ltd, based in London, UK, is a holding company with an active status, established ten years ago in 2015. The company employs 103 people and holds assets valued at £22,078,714. While it has a registered address, it's likely a virtual one, as 264 companies share the same location. Six directors manage the company, with the director list recently updated five months ago, and there are no reported owners – likely one of the directors. The company maintains a perfect 5.0 Google rating from 12 reviews.

The company’s core business involves engineering design activities for industrial process and production industries. It’s a regular importer and exporter of machinery, boilers, and mechanical appliances; parts, with 108 months of import activity and 47 months of export activity, the latest operations both occurring in January 2025.

Financially, Automata Technologies Ltd presents a mixed picture. Accrued liabilities have risen significantly, increasing by 310% to £1,600,000, while administrative expenses have more than doubled, jumping 86% to £30,000,000. However, bank borrowings have remained steady at £5,000,000, and cash reserves are stable at £16,000,000. Net assets have declined by 16% to £12,000,000, and net losses have deepened to -£35,000,000, a substantial increase from -£14,000,000. Trade debtors have fallen by 49% to £19,000,000, suggesting improved collection efforts, but creditors have risen by 35% to £34,000,000. The company's average number of employees has increased by 34% to 140. The company was audited by Hart Shaw LLP.

These figures suggest the company is facing increased costs and potentially burning through cash, although it maintains a healthy asset base. The recent director changes could indicate a shift in strategy or an attempt to improve operational efficiency. While the company's Google rating is excellent, the financial data warrants careful monitoring to ensure long-term sustainability.

Registered in England/Wales under the registration number 09384597, with a registered address at EC4M 7AN, United Kingdom, London, Third Floor, 20 Old Bailey.

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