Hx Trading Limited

Hx Trading Limited, based in Manchester, UK, is a small, active company founded five years ago. With 11 employees and £1,735,258 in assets, it's a solo-founder operation led by a single director and owner, Faisal Asma. The company regularly imports toys, games, and sports equipment—a consistent stream of imports spanning 30 months, with the latest activity recorded in January 2025.

The company operates an e-commerce site, Sustainable Sports Trading, offering a range of sports goods, fishing gear, camping gear, boats, and bicycles. The website emphasizes high-quality products and customer service, with a dedicated "About Us" section highlighting its commitment to sustainability. It’s clear they’re aiming for a niche market, offering a curated selection of sporting goods and accessories.

Financially, Hx Trading Limited presents a mixed picture. Current assets have decreased by 13% to £1,700,000, while net assets have fallen by 41% to -£56,000—a concerning trend. Cash reserves have also dropped significantly, falling 71% to £68,000. Trade debtors have plummeted 70%, suggesting a potential issue with collecting payments, and creditors have decreased by 34%, which is good. 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 declining equity and cash position are cause for attention. No auditor is mentioned, which is typical for companies of this size.

Overall, Hx Trading Limited appears to be navigating a period of financial pressure. While its e-commerce platform shows promise, the company needs to address its declining equity and cash position to ensure its long-term viability.

Registered in England/Wales under the registration number 12384223, with a registered address at M19 1AE, England, Manchester, 7 Bournelea Avenue.

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