Robopod Limited

Robopod Ltd from Birmingham UK: a small, holding company with an active status, was founded nine years ago. The company holds just £1,057 in assets and operates from a real address, managed by one director and owner. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances; parts, with the last import operation occurring two months ago in March 2019.

The company’s website paints a picture of a broader manufacturing automation group, Mechtech Automation Group, which incorporates mechatronics, reconfigurable robotics (Robopod), and advanced services (MAGserv). They offer integrated smart factory solutions, bespoke automated solutions, and production optimisation services. Their website showcases a diverse range of services, from robotic solutions and assisted assembly to technical consultancy and training. It’s clear they are targeting businesses looking to enhance their manufacturing processes through automation and robotics. They even offer a “plug-and-play” robotics system called Robopod, which seems to be a key product.

However, Robopod Ltd’s financial situation appears concerning. Current assets have plummeted by a staggering 99%, dropping from £130,000 to a mere £1,100. Equity has also experienced a dramatic decline, falling 100% to -£5,900. Bank cash has fallen by 93%, leaving just £1,100. While creditors have decreased slightly, the overall trend suggests a company struggling to maintain its financial health. The company meets two of the three conditions to be considered small, with turnover under £10.2 million, balance sheet under £5.1 million, and fewer than 50 employees. There's no mention of an auditor, likely due to the small company exemption.

It's difficult to say exactly what's driving these numbers, but the sharp decline in assets and equity could indicate a period of significant investment, increased losses, or difficulties collecting payments from customers. The company's reliance on a single owner and director also suggests a lack of diversification in management, which could be a risk. The company’s website does not mention any specific issues, but the financial data raises questions about its long-term viability.

Registered in England/Wales under the registration number 09768798, with a registered address at B30 3HP, United Kingdom, Birmingham, 57 Melchett Road, Kings Norton Business Centre.

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