I Fix Trading Ltd

I Fix Trading Community Ltd, based in Manchester, UK, is a small, active company founded six years ago in 2019. It holds £25,971 in assets and operates from a real address, managed by two directors and a single owner who is also the solo founder. The company’s status is active. It’s involved in both importing and exporting, though activity is irregular – one month of importing vehicles, parts, and accessories (not for trains or trams) and one month of exporting electrical machinery and equipment, both as of October 2023. The company operates in the non-specialised wholesale trade and retail sale via mail order houses or via internet industries.

The company’s website, FIX Trading Community, is a hub for industry standards and collaboration within the financial technology sector. It’s a membership-based association of around 300 firms, working to develop and maintain open standards for electronic trading. The site offers a wealth of resources, including technical guidelines, event listings, and a members-only area with exclusive content. The website’s focus is on facilitating communication and driving efficiency within the financial trading world. It’s a very active site, with lots of content and a clear mission.

Financially, I Fix Trading Community Ltd’s recent performance shows some concerning trends. Net assets decreased by 34% to £1,600, and cash reserves fell 63% to £13,000. Bank borrowings increased by 14%, reaching £24,000, and cash bank on hand decreased. Creditors also declined, though, by 26%. 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 agile, but the decline in equity suggests it's burning through cash. The accounts are unaudited and filleted, meaning they are simplified and rely on director-reported data. There's no auditor mentioned, which is common for small companies.

Overall, I Fix Trading Community Ltd seems to be a vital resource for the financial technology sector, but its financial health is something to keep an eye on. The company's reliance on membership fees and its ability to maintain a strong community will be key to its long-term sustainability.

Registered in England/Wales under the registration number 11802118, with a registered address at M34 2AF, England, Manchester, 75a Manchester Road, Denton.

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