Fx Live Limited

Fx Live Limited, based in Gloucester, UK, is a small, active company founded four years ago. With six employees and £194,583 in assets, it operates from a real address and is managed by three directors and two owners. The company regularly imports toys, games, and sports equipment – a trend spanning six months, with the latest import in November 2024 – and exports paper and paperboard products, having done so for three months, with the last export in October 2023.

The company’s website reveals a more complex picture. It’s a payment institution authorised by the Financial Conduct Authority, and its services are provided through partnerships with various companies like The Currency Cloud Limited and The Currency Cloud Inc. The site highlights a focus on bespoke payment solutions, currency risk management, and finance solutions for businesses. It also features a section dedicated to awards and media coverage, including a recent announcement about the E2E International 100 track on The Independent.

Financially, Fx Live Limited is showing some concerning trends. Creditors have increased significantly, up 180% to £190,000, while net assets have decreased by 40% to £100,000. Cash bank on hand has also seen a substantial drop, down 220% to £130,000. Trade debtors have increased by 32%, suggesting a need to manage customer payments more effectively. 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 decline in equity warrants closer attention. The accounts are unaudited, as is typical for small companies, and there’s no auditor mentioned.

Overall, Fx Live Limited appears to be navigating a period of change, with a focus on expanding its services and partnerships, but also facing challenges in maintaining financial stability.

Registered in England/Wales under the registration number 12775065, with a registered address at GL2 7LZ, England, Gloucester, The Office, Cocknells Farm Standish Lane, Moreton Valence.

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