Hoxton Macs Ltd

Hoxton Macs Ltd from Southend-On-Sea UK is a small company with an active status, founded eleven years ago in 2013. Employing nine people, the company holds £3,264,479 in assets, operating from a virtual address—a fact that’s a little unusual. With two directors and a solo founder, Higgs Ben John, at the helm, Hoxton Macs Ltd runs an e-commerce site and boasts a stellar 5.0 Google rating from 231 reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 290 months of import activity and 107 months of export activity recorded.

The company’s website, Hoxton Macs, specializes in refurbished Apple products—MacBooks, iPads, iMacs, and more—catering to customers seeking quality tech at a more affordable price. The site emphasizes a rigorous refurbishment process, grading system, and warranty, positioning itself as a trusted source for pre-owned Apple devices. They even offer financing options and accept cryptocurrency.

Financially, Hoxton Macs Ltd presents a mixed picture. Cash reserves have significantly decreased by 79%, dropping to £200,000. Bank borrowings have also decreased, falling by 9.2% to £540,000. Creditors have increased substantially, rising by 180% to £1.2 million—a potential cause for concern. However, net assets have increased by 16%, reaching £3.2 million, and investments have doubled to £100,000. 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 flexibility, but the increased creditors suggest a need for careful financial management. With no auditor mentioned, the figures rely on unaudited director-reported data.

The company’s focus on refurbished products and online sales seems to be working, evidenced by its high Google rating. However, the fluctuating financials indicate a need for continued vigilance and strategic planning to ensure long-term stability.

Registered in England/Wales under the registration number 08820355, with a registered address at SS1 1BD, England, Southend-On-Sea, Essex, 32 Clarence Street.

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