Hyx Ltd

Hyx Ltd from Manchester UK: small company, active status, founded 6 years ago, 2 employees, £38,671 assets, real address, 2 directors, 1 owner, solo founder. Regular importer of miscellaneous manufactured goods (5 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, two directors, and two employees.

The company’s website, Hyx Ltd, is an English ICP050102755, suggesting an e-commerce presence. It’s likely focused on online retail, selling goods directly to consumers. While specific product details aren't immediately apparent, the site likely features product listings, shopping carts, and secure payment processing—standard features of a modern online store. It seems to be a well-established business.

Financially, Hyx Ltd presents a mixed picture. Current assets increased slightly to £39,000, while bank cash grew significantly by 96% to £7,300. However, creditors rose by 50% to £180,000, and net assets remained negative at -£140,000. Trade debtors decreased by 47%, which could indicate improved collection practices. The company’s small size helps it stay agile, but the negative equity suggests it's burning through cash, perhaps reinvesting in growth. The lack of an auditor is typical for small companies, and the unaudited accounts rely on director-reported data. It's likely that the company is struggling to turn a profit, but it’s not necessarily in a crisis.

Registered in England/Wales under the registration number 11837899, with a registered address at M11 2LS, England, Manchester, 4 Paprika Close Manch, Paprika Close.

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