Kingdom Technologies Ltd

Kingdom Technologies Ltd, based in Glasgow, UK, is a small, active company founded six years ago in 2018. Employing 14 people and boasting a perfect 5.0 Google rating from three reviews, it’s a growing presence in the robotics sector. The company operates from a real address at the West of Scotland Science Park and is overseen by seven directors and one owner. It’s a regular importer of electrical machinery and equipment, with 11 months of import activity recorded.

The company’s website showcases its core business: building robotic lawn mowers for large terrains. They highlight cost-effectiveness, enhanced safety features (including a predictive sensor system), the ability to mow in shaded areas, and remote operation via a mobile app. The website actively seeks potential buyers and distributors, inviting submissions via email. A "Careers" section indicates a desire to expand its team, and the site includes documentation and FAQ sections.

Financially, Kingdom Technologies Ltd presents a mixed picture. While cash reserves increased by 130% to £160,000, net assets actually decreased by 100% to zero—a significant shift. Convertible bonds decreased by 77%, a possible restructuring move. Creditors increased considerably, jumping 88% to £1.1 million, and trade debtors rose by an impressive 800%. Despite these challenges, the company’s small size (meeting two of three conditions for being a small company) allows for flexibility. The company’s assets have also seen a decline, dropping 35% to £40,000. No auditor is mentioned, consistent with its status as a small company and the provision of unaudited financial statements.

Overall, Kingdom Technologies Ltd seems to be experiencing growing pains as it scales up its robotics business. While it’s attracting positive customer reviews and actively seeking expansion, the financial data suggests it’s burning through cash. The company’s focus on innovation and its presence in a high-growth sector could help it overcome these challenges, but careful financial management will be essential for long-term success.

Registered in Scotland under the registration number SC601699, with a registered address at G20 0SP, Scotland, Glasgow, Glasgow City, Unit 3.06 Kelvin Campus, West Of Scotland Science Park, Maryhill Road.

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