My-staxx Ltd

My-staxx Ltd is a small, active company based in London, UK, founded just one year ago. It holds £10,351 in assets and operates from a virtual address shared by over 20,000 other businesses, a bit unusual. The company is led by two directors, including Smith Kenneth Joseph, who also serves as the sole owner and solo founder.

The company’s website, Staxx, inc, suggests a focus on construction services, specifically framing and drywall solutions. It appears to be an e-commerce platform where customers can estimate costs and sign in to their accounts. The site includes a section for "Looking for Work?" and emphasizes services like estimating, framing, and drywall. It's a bit unclear if this is a separate entity or a division of My-staxx Ltd, but the branding is consistent.

Financially, My-staxx Ltd is facing some challenges. Net assets are a negative £25,000, and cash reserves are a meager £4. Loans from directors are a substantial £35,000. While creditors are stable, the significant negative equity and low cash balance suggest the company is burning through money. The company’s small size (meeting two of three criteria for a small company) helps with agility, but the lack of employees (zero reported) and reliance on director loans are concerning. The unaudited accounts, prepared using Taxfiler software, indicate the company is exempt from an audit. It seems like they are trying to keep costs down, but the financial picture isn’t looking too healthy right now.

Registered in England/Wales under the registration number 14976093, with a registered address at N1 7GU, England, London, 20 Wenlock Road.

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