Atx Ventures Ltd

Atx Ventures Ltd is a small, active company based in Bromley, UK, founded three years ago. With just £1,621 in assets and a real address, it operates an e-commerce site and has two directors and one owner. The company is involved in retail sale via mail order houses or via internet, and specialised design activities.

While small, Atx Ventures Ltd’s financial picture reveals a dramatic shift. Net assets have plummeted – a staggering -100% to just £16, leaving a very small equity base. Current assets have also dropped significantly, falling by -88% to just £1,600. Cash reserves have vanished, falling -95% to a mere £640. Bank borrowings have increased, and other creditors have risen substantially, suggesting a reliance on external financing. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions about its financial health.

The company’s website paints a different picture – one of a sophisticated venture capital firm investing in early-stage companies across North America. It focuses on disruptive B2B software, APIs, marketplaces, and other emerging technologies. The site emphasizes a value-add approach, connecting portfolio companies with resources and opportunities. The firm’s leadership team, comprised of experienced professionals, highlights a focus on expertise and institutional discipline. The website mentions a network of Venture Partners with industry experience, and showcases a portfolio of companies spanning various sectors, from aerospace to insurance.

Despite the impressive online presence and focus on high-growth sectors, the company’s financial data suggests it’s burning through money. The lack of employees (zero reported) hints at a lean, possibly solo operation. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data. Whether the venture capital arm can sustain the company’s financial struggles remains to be seen.

Registered in England/Wales under the registration number 13593992, with a registered address at BR1 4TB, United Kingdom, Bromley, 28 Belgravia Gardens.

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