Mxbits Ltd
- Small
- Active
- 3 years
- 2 employees
- £503,157 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Family business
- E-commerce
- Rating 5.0 (4)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Phones
Summary
Mxbits Ltd, based in Newport, UK, is a small, family-run e-commerce business established three years ago. With two employees and £503,157 in assets, it operates from a real address and is managed by two directors and owners. The company has a stellar 5.0 Google rating from four reviews and is a regular importer of vehicles, parts, and accessories—a trend that has continued for the last 27 months, with the most recent import occurring in March 2025.
The company’s website, MXBITS, specializes in motocross, ebike, enduro parts and accessories. It offers a wide range of upgrades and spare parts for popular brands like SurRon, Talaria, KTM, Beta, and Husqvarna. The site features a user-friendly catalog, clear product descriptions, and competitive pricing. It also provides customer service contact information, shipping details, and a newsletter signup form. The website’s design emphasizes a modern, visually appealing aesthetic, with high-quality product images and a clean layout.
Financially, Mxbits Ltd shows a mixed picture. Cash reserves have increased significantly, jumping 190% to £290,000, which is a positive sign. However, trade debtors have also risen substantially, increasing by 160% to £19,000, which could indicate payment delays. Creditors have also grown, up 65% to £200,000. Despite this, net assets have improved by 89%, reaching £320,000, and net current assets are up 79% to £300,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. There is no auditor mentioned, likely due to the company’s small size and exemption from an audit. The company's accounts are unaudited and prepared in accordance with small companies regime.
Registered in England/Wales under the registration number 13798531, with a registered address at NP19 4PQ, Wales, Newport, Unit 5d Mariner Way, Felnex Industrial Estate.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 1 year
- 25%+
-
Resident of United Kingdom
-
Individual
- 3 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 1 year
-
Resident of United Kingdom
-
Individual
- 3 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Unaudited abridged accounts made up to 2025-02-28Download 7 pages pdf report
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Change of details for Mr Jamie Edinborough as a person with significant control on 2025-04-07Download 2 pages pdf report
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Change of details for Mrs Alexandra Jane Edinborough as a person with significant control on 2025-04-07Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Mxbits Ltd
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