Sportable Technologies Ltd

Sportable Technologies Ltd from London UK: a small, active company founded eleven years ago, employs thirty-two people, and holds £4,374,624 in assets. With a real address and eight directors (but no listed owners), it maintains a perfect 5.0 Google rating based on six reviews. The company regularly imports and exports electrical machinery and equipment, with nineteen months of import activity and twenty-three months of export activity recorded.

Sportable Technologies Ltd specializes in portable ball and player tracking technology, offering a turnkey solution for teams and leagues seeking insights into skill and tactics. Its website highlights operations across the US, Canada, UK, Europe, Australia, and Africa, actively seeking talent globally. The company caters to both teams and leagues, with a focus on sports like football, Australian rules, rugby union, and rugby league. It’s a company that operates in the other information technology service activities, the other engineering activities, and the other sports activities industries.

Financially, Sportable Technologies Ltd presents a mixed picture. While current assets remain relatively stable at £4.4 million, there’s been a notable increase in average employees, jumping 110% to sixty-eight. However, net assets have dramatically increased by 62%, reaching -£17 million. This is largely due to a significant increase in retained earnings and share premium, but also a decrease in cash bank on hand, falling 45% to £750,000. Creditors have also decreased, suggesting better debt management. 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 agile, but the large equity drop is something to consider. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Sportable Technologies Ltd is showing growth in its workforce and overall assets, but the large equity loss is something to keep an eye on. The company’s global reach and focus on technology suggest a dynamic business, but the financial data hints at a startup still navigating its path to profitability.

Registered in England/Wales under the registration number 09044327, with a registered address at N1 7GT, England, London, Greater London, The Cube Building, Unit C,, 17-21 Wenlock Road.

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