Fenex Limited

Fenex Limited is a small, active company based in Leeds, UK, founded twelve years ago in 2013. With just one employee and £14,995 in assets, it operates from a real address and is managed by a single director and owner. The company’s activities span retail sales via mail order and internet, alongside insurance agent and broker services.

The Fenex website, while minimal, highlights a focus on online retail. It’s not immediately clear if Fenex operates a full-fledged e-commerce platform or primarily uses the internet for marketing and order processing. The company’s niche seems to be offering a curated selection of goods directly to consumers, potentially leveraging online marketplaces or social media for sales.

Financially, Fenex Limited presents a mixed picture. Current assets have increased by 15% to £15,000, while net assets decreased by 18% to -£43,000. Bank borrowings remain unchanged, and cash reserves have increased by 38% to £7,000. Creditors have risen by 14% to £69,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity suggests the company is burning through cash. With no auditor mentioned, the figures are unaudited.

Overall, Fenex Limited appears to be a small, online-focused business navigating the challenges of early-stage growth. While asset growth is encouraging, the negative equity indicates a need for careful financial management and potentially increased revenue generation.

Registered in England/Wales under the registration number 08471590, with a registered address at LS12 4EW, England, Leeds, 34 Ashley Green.

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