Addidex Ltd

Addidex Ltd from Swansea, UK, is a small, active company founded two years ago. Confirmation is currently overdue by seven months, and the company holds £8,938 in assets. Run by a single director and owner—a solo founder—it maintains a real address and enjoys a perfect 5.0 Google rating based on one review. The company meets two of the three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Addidex Ltd operates in the retail sector, specifically focusing on sales via mail order and the internet, as well as other retail options not involving physical stores. The company’s website details a focus on online sales, and the business appears to be primarily e-commerce driven. There's no obvious indication of a physical store or showroom.

Financially, Addidex Ltd presents a mixed picture. While cash reserves remain stable at £1,600, net assets have fallen to -£5,300. Liabilities are also significant, with creditors totaling £14,000 and other creditors at £3,900. Trade debtors are at £2,100, and the company’s current assets are £8,900. It's worth noting that accrued liabilities and deferred income are steady at £1,800. The company's small size helps it remain flexible, but the negative equity suggests it's burning through cash—or perhaps struggling to generate profit. No auditor is mentioned, which is common for small companies exempt from an audit. The figures are unaudited, so they should be viewed with some caution. It's likely that the company is reinvesting in its business, but the trend warrants close monitoring.

Registered in England/Wales under the registration number 14278241, with a registered address at SA5 8ET, Wales, Swansea, 250 Middle Road, Cwmdu.

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