Axobox Ltd

Axobox Ltd is a small, active company based on the Isle of Skye, Scotland, founded fourteen years ago in April 2010. With just one employee and £395 in assets, it’s a modest operation run by a single director and owner. The company operates in a diverse range of industries, including retail sale via mail order, IT consultancy, repair of computers, and other IT services. It's a real address, with only one other company registered there.

The company's website, Xbox.com, is a massive online platform for Microsoft's Xbox gaming ecosystem. It's a full-blown e-commerce site, offering consoles, games, subscriptions (like Game Pass), accessories, and a wealth of community features. The site is well-structured, with clear navigation and a focus on showcasing the latest Xbox products and services. It's a very active site, with constant updates and promotions. It's not clear if Axobox Ltd is directly involved in the operation of the website, but it's possible they provide IT support or consultancy services to Microsoft.

Financially, Axobox Ltd presents a mixed picture. While cash reserves increased by a significant 500% to £230, current assets actually decreased by 7.7% to £400. Creditors increased by 16% to £12,000, and net assets and liabilities both declined by 17% to -£11,000. Inventory has also taken a hit, decreasing by 57% to £170. The company meets two of the three conditions to be considered small: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. There's no mention of an auditor, which is typical for small companies. The accounts are abridged and unaudited.

Overall, Axobox Ltd appears to be struggling financially, with negative equity and declining assets. The increase in cash is a positive sign, but the rising creditors and decreasing inventory suggest the company is burning through money. It's possible the company is reinvesting in its business, but the lack of profitability is a concern. The reliance on a single employee and owner also creates a vulnerability.

Registered in Scotland under the registration number SC377274, with a registered address at IV43 8QS, Isle Of Skye, 23 Camus Cross, Sleat.

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