Fadex Trading Ltd

Fadex Trading Ltd from Huddersfield, UK, is a small, active company founded six years ago. With five employees and £7,949 in assets, it operates from a real address and is managed by one director and owner. The company is classified as small, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Fadex Trading’s website showcases a diverse range of products and services. Primarily, it’s a distributor of electronics, hardware, and refuse trucks – offering both new and refurbished options. The site also highlights a web development and design service, alongside a PPE division specializing in COVID-19 protective equipment. A significant portion of the site is dedicated to inventory listings, including items like Apple iPhones, Samsung screens, and industrial machinery, suggesting a wholesale or distribution model. The company also sells beverages like Coke, Pepsi, and Red Bull, alongside hardware components like hard drives and SSDs. It seems they are trying to cover a lot of ground, from web development to heavy machinery.

Financially, Fadex Trading Ltd presents a mixed picture. Current assets have decreased by 29%, dropping to £7,900, while net assets have fallen by 7.2%, reaching -£50,000. Bank borrowings have remained constant at £22,000. Trade debtors have plummeted by 40%, which could indicate issues with customer payments or a change in credit policies. The company’s average number of employees has also decreased significantly, falling 40% to just three. With no auditor mentioned, the financial statements are unaudited.

The decline in assets and employees, coupled with negative equity, suggests Fadex Trading is facing financial challenges. While the diverse product range indicates an attempt to broaden revenue streams, it may also be stretching resources thin. The company's small size and lack of external oversight could make it vulnerable to market fluctuations.

Registered in England/Wales under the registration number 11698497, with a registered address at HD1 4SH, England, Huddersfield, Unit 5 58 Market Street, Paddock.

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