Inx Limited

Inx Limited is a small, active company based in Sheffield, UK, established sixteen years ago in 2008. The business, with a real registered address and seven employees, holds £99,956 in assets. It’s a solo-founded operation managed by two directors and one owner, Drezet Pierre Marc Lucien. The company operates in the other information technology service activities industries and is an irregular importer, with its last import activity dating back to September 01, 2017.

The company’s website is non-existent, making it difficult to determine its specific operations beyond its industry classification. It’s unclear if Inx Limited has a public-facing online presence or primarily operates behind the scenes, providing IT services to other businesses.

Financially, Inx Limited presents a mixed picture. While current assets increased by a significant 82% to £100,000, equity decreased by 20% to £42,000. Bank borrowings have also seen a dramatic shift, with overdrafts decreasing by 24% and non-financial instruments falling by 57%. Cash reserves, however, have surged an impressive 5100%, reaching £18,000. Creditors have increased substantially, by 540%, and trade debtors have risen by 50%. 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 decrease in equity warrants closer examination. With no auditor mentioned, the financial statements are unaudited.

The significant increase in cash reserves could indicate a period of reduced expenses or increased revenue, but the rise in creditors suggests a need to manage short-term liabilities. The company’s irregular import history and lack of a website make it difficult to fully assess its business model and long-term viability.

Registered in England/Wales under the registration number 06679723, with a registered address at S7 1NB, Sheffield, 27 Thornsett Road.

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