Ahx Procurement Ltd.

Ahx Procurement Ltd, based in Manchester, UK, is a small, active company established eleven years ago in 2013. With two employees and £129,357 in assets, it operates from a real address in Urmston and is overseen by two directors and one owner. The company is involved in the management consultancy activities other than financial management industries. It’s an irregular importer and exporter, dealing primarily in iron or steel products – one month of imports recorded as of March 2023, and two months of exports as of August 2024.

The company's website is not available, so it’s difficult to determine if it operates an e-commerce platform. However, its description suggests a focus on providing consultancy services, likely engaging with businesses seeking expertise in procurement and supply chain management.

Financially, Ahx Procurement Ltd presents a mixed picture. Cash reserves have grown by a respectable 24% to £130,000, indicating improved liquidity. However, creditors have increased significantly, jumping 290% to £13,000, which could be a sign of increased reliance on credit. Trade debtors have decreased substantially, dropping 77% to £280, which is a positive sign of efficient collection. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the increase in creditors warrants attention. Depreciation impairment property plant equipment has increased by 11%, which is a normal trend. The company is exempt from an audit, so the figures are unaudited.

Overall, Ahx Procurement Ltd seems to be holding its own, with healthy cash flow but a growing need to manage its liabilities. The company's focus on consultancy services suggests a reliance on client relationships and project-based income, which can be volatile.

Registered in England/Wales under the registration number 08657520, with a registered address at M41 5AE, England, Manchester, 36 Newton Road, Urmston.

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