How much does Softbank Robotics UK Ltd make?

Softbank Robotics UK Ltd reported revenue of £5.5m and a loss of £3.6m in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Softbank Robotics UK Ltd have?

Softbank Robotics UK Ltd reported an average of 23 employees in the year to 31 Mar 2024.

Is Softbank Robotics UK Ltd profitable?

No — Softbank Robotics UK Ltd reported a loss of £3.6m in the year to 31 Mar 2024.

Company No. 12222041 · Incorporated 23 Sep 2019

Softbank Robotics UK Ltd

Registered name: SOFTBANK ROBOTICS UK LTD

Part of Softbank Group Corp. group

Softbank Robotics UK Ltd made £5.5m revenue and a £3.6m loss in the year to 31 Mar 2024.

Softbank Robotics UK Ltd’s revenue grew 13% to £5.5m in the year to 31 Mar 2024, with a loss of £3.6m and 23 employees. The company is classified under “wholesale of other office machinery and equipment” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46660Wholesale of other office machinery and equipment SIC 46690Wholesale of other machinery and equipment

Status: Active
Location: London, London
Age: 7 yrs · since 2019
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Mar 2024

Key figures

Revenue

£5.5m

Growth ▲13%

Profit

−£3.6m

Growth —

Profit margin

−65.6%

Gross 48.4%

Employees

Change ▲27.8%

Profit / employee

−£155k

Revenue/employee £237k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£5.1m	£4.8m	£5.5m
Cost of sales	£3.3m	£2.9m	£2.8m
Gross profit	£1.9m	£1.9m	£2.6m
Operating profit	−£2m	−£3m	−£3.6m
Profit before tax	−£2m	−£3m	−£3.6m
Profit after tax	−£2m	−£3m	−£3.6m
Profit (best available)	−£2m	−£3m	−£3.6m
Staff costs	£2.3m	£2.6m	£3m
Employees (average)	11	18	23
Ratios
Profit margin	−39.7%	−61.8%	−65.6%
Gross margin	36.6%	39%	48.4%
Revenue per employee	£467k	£268k	£237k
Profit per employee	−£185k	−£166k	−£155k
Growth (year on year)
Revenue growth	—	▼6%	▲13%
Headcount growth	—	▲63.6%	▲27.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.4m	£1.1m	£2.6m
Net assets	£11.5m	£8.5m	£5m
Fixed assets	£232k	£204k	£4.4m
Current assets	£14.7m	£20.6m	£18.7m
Debtors	£1.7m	£3.3m	£1.8m
Deferred income	£1.2m	£3.8m	£2.6m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: −65.6%; Profit ÷ revenue.
Gross margin: 48.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £237k; Revenue ÷ average employees.
Profit per employee: −£155k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 81.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 47.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 33.1%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼42%; Now £5m
Cash at bank: ▲124%; Now £2.6m
Headcount: ▲28%; Now 23
Deferred income: ▼32%; Now £2.6m
Fixed assets: ▲2069%; Now £4.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Softbank Group Corp. (registered outside the UK register)ultimate parent75–100%
Softbank Robotics UK Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Smartbx Emea LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£3.6m), from the Companies House accounts bulk data published Dec 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.