Cubik Innovation Ltd

Cubik Innovation Ltd, based in Bristol, UK, is a small, active company founded twelve years ago in 2012. With 23 employees and £559,753 in assets, it operates from a real address within the Bristol & Bath Science Park. The company, led by two directors and a solo founder, Mullen Paul, maintains a stellar 5.0 Google rating based on three reviews. It’s an irregular importer, primarily dealing with optical and medical tools and devices, with its last import operation occurring in July 2023.

Cubik Innovation’s website highlights its expertise in electronic product design and manufacturing. It supports clients from concept to reality, offering design, prototyping, and volume production services. The company emphasizes a multidisciplinary team, friendly customer service, and a “one-roof” end-to-end service. Recent insights showcase the introduction of Cubik EPS for compliance testing and certification, a journey with an apprentice, and a case study involving Kiwa’s Hot Swage Joint Analyser. Testimonials praise the company’s responsiveness, problem-solving abilities, and ability to deliver high-quality prototypes.

Financially, Cubik Innovation Ltd presents a mixed picture. Current assets have decreased by 22% to £560,000, while net assets have also fallen by 3.8% to £290,000. Bank borrowings have seen a significant increase of 3800% to -£9,800, and cash reserves have dropped by 69% to £130,000. Trade debtors have also risen substantially, increasing by 210% to £270,000. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the decrease in cash reserves and increase in debt raise questions about its short-term financial health. The company is exempt from an audit, and the unaudited financial statements rely on director-reported data. It’s clear that while the company is doing well with its clients, it needs to keep a close eye on its finances.

Registered in England/Wales under the registration number 08150022, with a registered address at BS16 7FR, Bristol, Bristol & Bath Science Park Dirac Crescent, Emersons Green.

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