Lexon Technology Ltd

Lexon Technology Ltd from York UK: small company, active status, founded 4 years ago, £12,184 assets, real address, 1 director, 1 owner, solo founder, google rating 3.0 based on 2 reviews. It’s a small business, meeting two of three conditions to be considered small (turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees). The company has been active since its incorporation in April 2021 and is led by a single director and owner, Akdemir Unal. Despite a modest asset base of just over £12,000, it maintains a real address and a Google rating of 3.0 from two reviews.

Lexon Technology Ltd operates in the retail sale via mail order houses or via internet industries. Its website, Lexon Maison, is a French design house selling a wide range of products, from alarm clocks and audio equipment to lighting and office accessories. The site is clearly an e-commerce platform, emphasizing Javascript and cookie usage for optimal functionality. It features collections designed by various artists, including Keith Haring and Jean-Michel Basquiat, and offers a range of services like gift-finding assistance and a blog with style and technology tips. The website is very well designed and professional.

Financially, Lexon Technology Ltd shows some concerning trends. While bank cash remained stable at £2,200, net assets plummeted 78% to just -£2,300. Creditors increased by 36%, and tax and social security payable decreased by 17%. The company's small size and solo founder status likely contribute to its lean operations, but the significant decline in equity suggests it’s burning through money. There's no mention of an auditor, which is typical for small, exempt companies. The company's reliance on external funding, as indicated by rising borrowings, may be a risk factor. The company’s assets are low, and it’s not clear how it’s managing its debts.

Registered in England/Wales under the registration number 13336313, with a registered address at YO23 1BX, England, York, 12 Custance Walk.

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