Sumo Technologies Limited

Sumo Technologies Ltd from Malton UK is a small, active company founded 25 years ago. With seven employees and £157,238 in assets, it's a family business run by three directors and owners. The company operates from a real address and has been importing machinery, boilers, and mechanical appliances for 143 months, and exporting electrical machinery and equipment for 17 months. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company’s website, sumo-technologies.com, reveals a focus on education and training. It positions itself as a provider of AI-powered tools and solutions for education partners, emphasizing experience gathering, sharing, and applying. The site highlights the use of AI to optimize training, identify knowledge gaps, and deliver targeted learning experiences. It even mentions a focus on multimedia applications to enhance engagement. The company seems to be helping educators deliver training, and it's a good idea.

Financially, Sumo Technologies Ltd shows some concerning trends. Accumulated depreciation has increased by 2.8%, while bank borrowings have decreased by 41%, and cash bank on hand has increased by a whopping 5800%. Creditors have increased by 35%, and finished goods have decreased by 47%. Net assets have decreased by 23%, and net current assets and liabilities have increased by 45%. The company’s small size helps it stay nimble, but the decline in equity and finished goods raises questions. There's no auditor mentioned, so the figures are unaudited.

Overall, Sumo Technologies Ltd appears to be a small, family-run business with a focus on AI-powered education solutions. While it’s showing some financial pressures, its niche focus and experience could help it navigate these challenges.

Registered in England/Wales under the registration number 03933657, with a registered address at YO17 6BT, England, Malton, Unit 15 8 Showfield Lane.

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