Alternative Derivatives Exchange Ltd

Alternative Derivatives Exchange Ltd is a small, holding company based in London, UK, with an active status. Founded seven years ago in May 2018, the company holds £114,712 in assets and operates from a real address shared by two other companies. It’s managed by four directors and owned by three individuals. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances; parts, with the latest import activity occurring two months ago in February 2024.

The company’s website reveals a fascinating, if complex, business model. Alternative Derivatives Exchange Ltd operates as a derivatives exchange for alternative assets, offering trading in digital assets and foreign exchange futures. It emphasizes risk management, safety of funds, and efficient clearing through its own blockchain-based mechanism, Clear Chain. The company is regulated under the Financial and Corporate Services Providers Act and the Digital Assets and Registered Exchanges Act, operating from the Bahamas. It also provides clearing APIs, risk systems, and user interfaces, and owns two other companies, Adex Markets Ltd and Adex Technology Ltd.

Financially, Alternative Derivatives Exchange Ltd presents a mixed picture. While cash bank on hand increased by 8% to £33,000, net assets plummeted 130% to -£720,000. Creditors surged 52% to £1,000,000, and trade debtors ballooned by 91% to £82,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the substantial equity decline and increasing debt raise concerns. The company’s reliance on associate loans, currently at £1,000,000, is also notable. As a small company, it's exempt from an audit, so the figures are unaudited.

The company’s focus on innovative products and regulatory compliance suggests a forward-thinking approach, but the financial data indicates a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 11367716, with a registered address at EC2R 6AF, England, London, 6th Floor Basildon House, 7 - 11 Moorgate.

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