Robokids Coding Ltd

Robokids Coding Ltd from Luton, UK, is a small, active company founded five years ago in 2019. It’s a solo founder operation with one employee and boasts a stellar 5.0 Google rating from 26 reviews. The company holds £7,124 in assets and operates from a real address, overseen by one director and one owner.

The company’s website, Robokids Coding, appears to be experiencing technical difficulties, displaying an error message. This makes it difficult to ascertain the full scope of their operations, but the company operates in the retail sale via mail order houses or via internet, the other education n.e.c., the educational support services industries.

Financially, Robokids Coding Ltd presents a mixed picture. Current assets have decreased by 18%, falling to £7,100, while bank borrowings have dropped by a significant 24%, reaching £3,200. Cash reserves have increased by a substantial 140%, rising to £3,900, which is good news. However, equity has also decreased by 8.3%, dropping to £1,900. Trade debtors have seen a dramatic 54% reduction, falling to £3,200, which could indicate improved collection practices. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decrease in equity is something to keep an eye on. No auditor is mentioned, likely due to the company’s small size.

Overall, Robokids Coding Ltd seems to be navigating a period of change. The increase in cash reserves is encouraging, but the decrease in equity suggests the company may be burning through money. It’s a small operation, and the technical issues on their website need to be resolved to fully understand their current activities.

Registered in England/Wales under the registration number 12117845, with a registered address at LU3 4DR, England, Luton, 42 Catesby Green.

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