Schmoftware Limited

Schmoftware Limited is a small, active company based in London, UK, founded two years ago. It operates from a virtual address, and while it has two directors and one owner (a solo founder), it maintains a perfect 5.0 Google rating from a single review. The company's size is classified as small, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

The company’s website showcases AI automation solutions, particularly AI voice and chat bots designed to streamline business operations. It focuses on lead generation, automated booking systems, and optimized email outreach, targeting industries like retail and healthcare. The site emphasizes transforming businesses with intelligent automation, offering tailored solutions and free trials. It’s clear that Schmoftware is aiming to be a provider of business automation tools, with a focus on customer engagement and efficiency gains.

Financially, Schmoftware Limited presents a somewhat concerning picture. While it holds £100,000 in cash, its equity sits at a negative -£1,900, indicating accumulated losses. Bank borrowings are relatively low at £2,500, and creditors remain steady at £2,500. The lack of employees (zero reported) suggests a very lean operation, likely run by the founder. It’s worth noting that the accounts are “filleted” and unaudited, meaning they are simplified and haven’t been independently verified. This is common for small companies exempt from an audit.

The negative equity is a significant point of concern, suggesting the company is burning through cash faster than it’s generating revenue. While the AI automation market is promising, Schmoftware will need to demonstrate a clear path to profitability to sustain its operations. The reliance on a single Google review also highlights the need to build a stronger online presence and gather more customer feedback.

Registered in England/Wales under the registration number 14550224, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

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