Muxi Uk Limited

Muxi Uk Limited is a small, active company based in London, UK, founded two years ago in July 2022. With two employees and £74,048 in assets, it’s a solo-founded operation managed by one director and owner. The company regularly exports clocks, watches, and their parts, with 30 months of export activity recorded, the last in October 2024. Its registered address is real, with only three companies registered at the same location.

The company operates in the retail sale via mail order houses or via internet industries. Its website, while not directly linked, appears to be associated with the Musicians' Union, a trade union representing musicians. The site provides a wealth of resources for musicians, including contract templates, legal advice, and career development tools. It’s a comprehensive platform catering to the needs of professionals in the music industry.

Financially, Muxi Uk Limited shows a mixed picture. Current assets have increased by 49%, reaching £74,000, while bank cash has decreased by 52%, sitting at £11,000. Creditors have risen by a significant 45%, reaching £58,000, suggesting increased reliance on credit. Trade debtors have also increased dramatically, by 140%, reaching £63,000, which could indicate challenges in collecting payments. Despite these pressures, equity has grown by 67%, reaching £16,000, likely reflecting retained earnings. 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 increase in debt warrants close monitoring. The accounts are unaudited, likely due to the company’s small size and exemption from audit.

Overall, Muxi Uk Limited seems to be navigating a period of growth and expansion, but the increase in debt and decrease in cash reserves suggest a need for careful financial management.

Registered in England/Wales under the registration number 14262243, with a registered address at WC2N 4JF, England, London, 417 Golden Cross House Duncannon Street.

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