Mantis Live Ltd

Mantis Live Ltd from Belfast, UK, is a small, active company founded six years ago. With five employees and £1,130,169 in assets, it operates from a virtual address, managed by two directors and two owners – a family business. The company regularly imports electrical machinery and equipment (47 months), but exports irregularly (1 month). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

The company’s website, mantislive.com, focuses on fleet safety solutions, particularly through AI-powered camera systems. It offers dashcams, DVS (Driver Video System) integration, telematics, and partnerships with Geotab and Webfleet. The site emphasizes real-time evaluation, proactive fault monitoring, and automated uploads – features designed to improve driver safety, reduce insurance costs, and protect brand reputation. It’s clear the company is targeting fleet operators seeking advanced technology to manage their vehicles and drivers. The website’s content suggests a focus on innovation and customer service, with testimonials highlighting the value of the product.

Financially, Mantis Live Ltd shows some interesting trends. Accumulated amortisation impairment for intangible assets increased by a significant 260%, while depreciation for property, plant, and equipment rose by 37%. Cash bank on hand improved by 29%, but corporation tax payable jumped to £33,000. Creditors decreased by 12%, which is a positive sign, but trade debtors increased by 59%, suggesting potential issues with collecting payments. Equity, however, saw a substantial increase of 270%, largely driven by retained earnings. The company’s small size helps it stay agile, but the rise in trade debtors warrants attention. There was no auditor mentioned, likely due to the company’s exemption as a small company.

Overall, Mantis Live Ltd appears to be a growing business with a clear focus on fleet safety technology. While the financial picture shows mixed signals, the company's innovative product offering and positive customer feedback suggest a solid foundation for future success. It’s just that the company needs to keep an eye on those debtors.

Registered in Northern Ireland under the registration number NI653181, with a registered address at BT1 5EF, Northern Ireland, Belfast, C/O A&L Goodbody Northern Ireland Llp, 42-46 Fountain Street.

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