Q-bot Limited

Q Bot Ltd from Cheltenham, UK, is a small holding company with an active status, having been founded 13 years ago. The company employs 55 people and holds £1,136,993 in assets. It operates from a virtual address, a detail that's worth noting as 169 companies share the same address. With three directors and one owner, Q Bot Ltd maintains a Google rating of 4.0 based on 30 reviews and regularly imports electrical machinery and equipment, with the last import operation occurring three months ago.

The company's core business, as revealed on its website, revolves around robotic underfloor insulation. Q Bot Ltd markets its service to homeowners and landlords, highlighting energy savings, improved comfort, and reduced bills. The website details the benefits of its robotic installation process, emphasizing minimal disruption and improved indoor air quality. The company also participates in the Great British Insulation Scheme, offering funding towards installation costs. It's clear that Q Bot Ltd is focused on a niche market, leveraging technology to deliver a specialized service.

Financially, Q Bot Ltd presents a mixed picture. While current assets decreased by 42% to £1,100,000, bank borrowings increased by 410% to £580,000, and cash reserves fell 71% to £180,000. Equity, however, saw a dramatic decline of 120%, dropping to -£8,400,000—a significant shift. Trade debtors decreased by 28%, suggesting better collection of payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the substantial equity drop warrants further investigation. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Q Bot Ltd appears to be a company facing challenges, despite its innovative technology and positive customer reviews. The sharp decline in equity suggests a need for careful financial management, and it's uncertain whether the company can sustain its growth trajectory.

Registered in England/Wales under the registration number 07972299, with a registered address at GL50 3AT, United Kingdom, Cheltenham, Gloucestershire, Windsor House, Bayshill Road.

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