Fixra Limited

Fixra Limited is a small, active company based in Hemel Hempstead, UK, founded three years ago in 2022. With £159,354 in assets and a real registered address, it’s a family business employing just two people, overseen by two directors and two owners. The company operates an e-commerce site, boasting a perfect 5.0 Google rating from three reviews. Fixra specializes in the retail sale via mail order houses or via internet, offering a wide range of car parts, accessories, and DIY tools.

The company’s website, fixra.com, showcases a comprehensive selection of products, from oils and fluids to car care supplies, tools, and even motorhome accessories. It's clear that Fixra aims to be a one-stop shop for car maintenance and repair needs, with a focus on competitive pricing and next-day delivery. The site’s design is clean and user-friendly, with a strong emphasis on visual appeal and easy navigation.

Financially, Fixra Limited presents a mixed picture. Accumulated depreciation on plant and machinery increased by a significant 200%, while intangible assets saw a 160% rise, suggesting increased investment in equipment and goodwill. However, bank borrowings surged by nearly 99%, indicating a reliance on debt financing. Current assets also increased by 60% to £160,000, which is a positive sign, but the company's equity is negative at -£35,000. Trade creditors increased by 120%, which could be a concern if not managed carefully. 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 remain nimble, but the negative equity suggests it’s burning through cash. There’s no auditor mentioned, likely due to its status as a small company.

Overall, Fixra Limited appears to be a growing e-commerce business facing typical startup challenges. While its strong Google rating and diverse product offering are encouraging, the company needs to carefully manage its finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 13991930, with a registered address at HP2 7DU, United Kingdom, Hemel Hempstead, 6 The Cubic Estate, Eastman Way.

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