Maxx Health Limited

Maxx Health Limited, based in Ilford, UK, is a small, active company founded 11 years ago in December 2013. It employs just one person and holds £3,600 in assets, operating from a real address shared by two other companies. The business has one director and one owner, and regularly imports electrical machinery and equipment, with its last import operation recorded three months ago in June 2016.

The company’s website, Maxx Health Advanced Solutions, positions itself as a US-based national distributor of innovative orthopaedic implants and instruments. It focuses on joint reconstruction and bone fixation, offering a range of products including upper and lower extremity implants, surgical technique guides, and surgical instruments. The site emphasizes “innovative implants” and “extraordinary results,” inviting potential distributors to join their network. It's clear they're targeting medical professionals and distributors, with a focus on high-quality products and a US-centric business model.

Financially, Maxx Health Limited is facing significant challenges. Current assets have plummeted by a staggering 82%, dropping from £20,000 to just £3,600. Similarly, trade debtors have also fallen dramatically, from £20,000 to £3,600. Net assets and liabilities have both increased by 11%, reaching -£51,000. Cash reserves are at a low -£1, and bank borrowings have remained consistent. While the company’s small size (meeting two of three criteria for a small company) offers some agility, the sharp decline in assets and the negative equity suggest a company struggling to maintain its financial health. The accounts are described as "filleted" and unaudited, relying on director-reported data.

It seems Maxx Health Limited is burning through cash, with little in the way of reserves. While the website projects an image of a thriving distributor, the underlying financials paint a different picture. It's possible the company is facing increased competition or struggling to convert leads into sales, but further investigation would be needed to understand the root cause of these financial pressures.

Registered in England/Wales under the registration number 08808665, with a registered address at IG1 2JY, England, Ilford, Essex, Apex Chamber, 58a Ilford Lane.

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