Wootzano Limited

Wootzano Limited, based in Edinburgh, UK, is a small, active company founded seven years ago. With fourteen employees and £802,253 in assets, it operates from a virtual address – a point worth noting as 140 companies are registered at the same location. The company is led by three directors and has one owner, Syed Atif. It boasts a stellar 5.0 Google rating based on two reviews. Wootzano is a regular importer, specializing in machinery, boilers, and mechanical appliances, with recent import activity dating back to November 2022.

The company’s website, Avarai, focuses on robotic solutions for packing postharvest fresh produce. It highlights key benefits like reduced labor costs, increased productivity, and precision snipping capabilities. Avarai is described as a fully integrated robotic packing system designed to work safely alongside human workers. The site even includes a cost-savings calculator, encouraging potential customers to estimate their potential savings by incorporating Avarai into their packing lines. The company’s technology combines machine learning and proprietary hardware, partnering with Intel to create a market-leading solution.

Financially, Wootzano Limited shows a mixed picture. Current assets increased by a substantial 87% to £800,000, a positive sign. However, net assets declined by 110% to -£630,000, indicating a significant drain on equity. Bank borrowings increased by 370%, reaching £840,000, while cash reserves grew by 110% to £210,000. Creditors also rose significantly, increasing by 24% to £810,000. The company's small size—meeting two of three criteria for a small company—allows for agility, but the large equity decline warrants further investigation. The company is exempt from an audit, and the financial statements are unaudited. The directors have elected not to include a copy of the income statement within the financial statements.

Registered in Scotland under the registration number SC597126, with a registered address at EH3 8RY, Scotland, Edinburgh, Level 5, 9 Haymarket Square.

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