Northxsouth Limited

Northxsouth Ltd from Ballymoney UK: a small, active company founded eight years ago, employs nine people, and holds £434,077 in assets. It’s a real address with one director and one owner, and operates an e-commerce site with a stellar 5.0 Google rating based on 69 reviews. The company’s status is active, and it was incorporated on August 17, 2016.

Northxsouth Ltd specializes in retail sales via mail order and the internet, offering a wide range of appliances, audio-visual equipment, and outdoor goods—from Gozney Kamado Joe grills to washing machines and coffee machines. Its website showcases a comprehensive selection, with dedicated sections for TVs, soundbars, ovens, and robot vacuum cleaners, alongside a blog with helpful advice and product reviews. It’s a family business established in 2016, and they even offer buy now pay later finance in Northern Ireland.

Financially, Northxsouth Ltd shows a mixed picture. Current assets decreased by 9.9% to £430,000, while net assets increased by 11% to £140,000. Bank borrowings, however, surged by a staggering 120,000%, reaching £120,000—a significant shift. Cash reserves grew by 12% to £150,000, and trade debtors plummeted by 93%, suggesting improved collections or tighter credit terms. 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 large increase in bank borrowings raises concerns about its financial health. As a small company, it’s exempt from an audit, so the figures are unaudited. The average number of employees has also decreased by 22%, from nine to seven, which could be a result of restructuring or changing market conditions.

Registered in Northern Ireland under the registration number NI640293, with a registered address at BT53 7LH, Northern Ireland, Ballymoney, Antrim, 29 Acorn Business Centre, 2 Riada Avenue.

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