Manchester Robotics Limited

Manchester Robotics Ltd, based in Manchester, UK, is a small, active company founded four years ago in 2020. With a single employee and £108,692 in assets, it operates from a real address and is overseen by two directors and owners. The company irregularly imports optical and medical tools and devices (for two months, last import in December 2023) and exports toys, games, and sports equipment (for one month, last export in August 2023). It’s classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company's website, Manchester Robotics, focuses on robotics education and skills development. It offers hardware and software solutions, educator training, and online courses, all geared towards making robotics accessible to everyone. The site highlights the company's integrated learning experience, progressing from foundational programming to advanced autonomous systems, empowering students to become world-class robotics engineers. Testimonials from universities praise the platform’s flexibility, affordability, and ability to engage students.

Financially, Manchester Robotics Ltd presents a mixed picture. Cash bank on hand has significantly decreased by 39% to £100,000, and current assets have fallen by 48% to £110,000. Creditors have also decreased, but trade debtors have plummeted, suggesting potential issues with customer payments. Equity has taken a hit, with a 22% increase in Further Specific Reserve Component Total Equity and a 76% increase in Retained Earnings Accumulated Losses. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

While the company's focus on robotics education seems promising, the financial data indicates a need for careful management. The decline in cash reserves and the increase in losses suggest that Manchester Robotics Ltd is burning through money, although it’s likely a consequence of investing in growth. The company’s small size and agile approach could help it navigate these challenges, but a closer eye on cash flow and customer collections will be crucial for long-term sustainability.

Registered in England/Wales under the registration number 12722232, with a registered address at M1 2WD, United Kingdom, Manchester, Diecast Studios, 53 Store Street.

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