Showbie Uk Ltd

Showbie Uk Ltd is a small, active company based in London, UK, founded four years ago in 92020. The company employs seventeen people and holds £517,602 in assets. It operates from a virtual address, registered at WC2H 9JQ, England, London, 71-75 Shelton Street, Covent Garden, which is shared by a large number of other companies, suggesting a serviced office space. The company has one director, Bramm Colin, and officially, no owners have been reported.

Showbie Uk Ltd operates in the retail sale via mail order houses or via internet and educational support services industries. Its website showcases a cloud-based platform designed to connect classrooms, offering tools for assignments, collaboration, and feedback. The platform aims to simplify classroom management, offering features like paperless workflows, personalized feedback, and student portfolio creation. It appears to be a software-as-a-service (SaaS) business, targeting educators and schools. The site emphasizes ease of use, integration with existing workflows, and improved student engagement.

Financially, Showbie Uk Ltd’s recent performance reveals some concerning trends. While current assets remain stable at £520,000, net assets have decreased significantly by 12%, reaching -£1,600,000. Cash bank on hand has fallen by 12% to £100,000. Trade creditors have increased dramatically by 830%, reaching £19,000, which could indicate challenges in managing short-term obligations. The average number of employees has also dropped by 35%, from 17 to 11, which may reflect cost-cutting measures or restructuring. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's exempt from an audit, and the unaudited financial statements rely on the director’s reporting. The lack of reported owners, coupled with the negative equity, suggests a company potentially burning through cash while striving for growth. The fact that the parent company is Showbie Inc. could be a source of support, but the financial data paints a picture of a company needing to carefully manage its expenses and secure additional funding to sustain its operations.

Registered in England/Wales under the registration number 12969486, with a registered address at WC2H 9JQ, England, 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.