Cards-x Uk Ltd

CardsX Uk Ltd, based in Kingston Upon Hull, UK, is a small, active company established four years ago in 2020. With seven employees and £332,797 in assets, it operates from a real address and is led by two directors and a solo founder. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts – with 88 months of import activity and 7 months of export activity recorded, the latest in February 2025.

CardsX specializes in ID card printing solutions, acting as a distributor for brands like Matica, Entrust, and Fargo. Its website showcases a wide range of ID card printers, ribbons, holders, and accessories, catering to businesses and organizations needing to create secure identification. They even offer software and services, including cloud-based ID solutions. The company’s website also mentions a showroom in Harrods, London, which is an impressive feat.

Financially, CardsX Uk Ltd presents a mixed picture. While current assets increased by 23%, net assets decreased by 15%, resulting in a negative equity of -£310,000. Bank borrowings increased by 83%, reaching £60,000, while cash reserves decreased by 83%, falling to just £6,000. Creditors also increased significantly, by 31%, reaching £680,000. Trade debtors increased by 59%, suggesting potential issues with customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp decline in equity is concerning. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, CardsX Uk Ltd is facing financial challenges despite its active import/export operations and strong online presence. The company’s reliance on credit and the negative equity position raise questions about its long-term sustainability, although its diverse product range and established brand could provide a buffer.

Registered in England/Wales under the registration number 13040368, with a registered address at HU10 6RJ, United Kingdom, Kingston Upon Hull, East Yorkshire, F6 The Bloc 38 Springfield Way, Anlaby.

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