Smartbox Assistive Technology Limited
- Large
- Holding
- Active
- 19 years
- 81 employees
- £21,947,633 (assets)
- £18,903,545 (revenue)
- Real address
- 4 directors
- 1 owner
- Regular importer
- Regular exporter
- Rating 5.0 (6)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Phones
Summary
Smartbox Assistive Technology Ltd, based in Malvern, UK, is a large, holding company with an active status, having been incorporated nineteen years ago in 2005. The company employs eighty-one people and boasts significant assets of £21,947,633, generating an annual revenue of £18,903,545. It operates from a real address and is overseen by four directors and one owner. Google users rate it a perfect 5.0 based on six reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts, with a history of twenty-one months of imports and twenty-eight months of exports.
Smartbox Assistive Technology focuses on creating assistive technology for disabled people who experience difficulty with speech, to communicate and live more independently. Its website showcases a range of products, including software, devices like the Grid Pad Talk, and communication boards. The company offers solutions for various needs, from basic communication to accessing apps and controlling environments. It even has a section dedicated to Grid software, highlighting its versatility and availability in over forty languages. The website also features news and blog posts, including stories about users and fundraising initiatives.
Financially, Smartbox Assistive Technology presents a mixed picture. While turnover increased by a respectable 14%, net assets dropped by 37% to £16 million. Bank borrowings have risen significantly, reaching £17 million—a 91% increase—while cash reserves fell to £680,000. Creditors have also increased by 280%, reaching £7 million. The company's large size (meeting two of three criteria for a large company) suggests a stable base, but the decline in equity and increase in debt raise questions. The company's auditor, Bourner Bullock, gave an unqualified opinion, but the unaudited financial statements rely on director-reported data.
Despite these financial pressures, Smartbox Assistive Technology appears to be a well-regarded company with a strong focus on its mission. The positive Google reviews and active website suggest a loyal customer base, and the company’s commitment to innovation and accessibility is evident in its product offerings. The company’s continued growth, however, will depend on its ability to manage its debt and maintain its financial stability.
Registered in England/Wales under the registration number 05541084, with a registered address at WR14 1JJ, England, Malvern, Worcestershire, Ysobel House Enigma Commercial Centre, Sandys Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Smartbox Holdings Ltd
- 4 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Sheikh Farouq Rashid
- 4 years
- 151
-
Resident of United Kingdom
-
Individual
- Sheikh Haroon Rashid
- 4 years
- 99
-
Resident of United Kingdom
-
Individual
- Hawes Dougal
- 6 years
- 2
-
Resident of United Kingdom
-
Individual
- Inott Jarrod
- 6 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Full accounts made up to 2023-09-30Download 34 pages pdf report
-
Confirmation statement made on 2024-08-19 with no updatesDownload 3 pages pdf report
-
Full accounts made up to 2022-09-30Download 33 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about Smartbox Assistive Technology Limited
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