Fieldwork Robotics Limited

Fieldwork Robotics Ltd, based in Exmouth, UK, is a small, active company founded eight years ago in 2016. With twelve employees and £483,410 in assets, it operates from a virtual address – a point to note as 157 companies share the same location. The business is led by five directors, though no owners are officially listed, suggesting they may be among the directors. It regularly imports electrical machinery and equipment, with three months of import activity recorded, and exports irregularly, with just one month of export activity.

The company’s website details a mission to increase the harvest of soft fruits and reduce waste by providing growers worldwide with efficient harvesting solutions. It's developing the world’s first autonomous raspberry harvesting robot, a modular and intelligent system designed to pick fruits at the same speed and quality as human pickers. The site showcases partnerships with various organizations, including Bosch and AgriTechE, and highlights recent news, such as investment from August One and the appointment of a new CTO. The company even appeared on Channel 4’s Food Unwrapped.

Financially, Fieldwork Robotics Ltd shows a mixed picture. Cash reserves have dramatically increased by 460%, reaching £230,000 – a positive sign. However, net assets have surged by 48%, reaching £4.7 million. Creditors have also increased significantly, by 220%, to £220,000, which could indicate increased investment or operating expenses. Bank borrowings are also up, though not as dramatically. The company’s small size (meeting two of three conditions for being a small company) allows for agility, but the substantial increase in creditors should be monitored. The company is exempt from an audit as a small company, so the figures are unaudited.

The sharp increase in creditors, while potentially linked to growth, could also suggest a need for careful financial management. The company’s focus on innovative robotics and its partnerships suggest a promising future, but its financial health will be key to sustaining its momentum.

Registered in England/Wales under the registration number 10432153, with a registered address at EX8 1BD, England, Exmouth, Devon, 28 Alexandra Terrace.

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