Promixx Limited

Promixx Limited, based in Cardiff, UK, is a small, active company established thirteen years ago in 2011. With twelve employees and £3,652,377 in assets, it operates from a virtual address – fifteen companies registered at the same location – and is overseen by four directors and one owner, Faulkner-edwards Joe. The business runs an e-commerce site and regularly imports and exports electrical machinery and equipment, with twenty-seven months of activity recorded.

The company’s website, Promixx, focuses on shaker bottles and related fitness accessories. It markets itself as a premium brand, offering a range of products including electric blenders and vitamin cases. The site emphasizes innovation, quality, and a global presence, with a focus on direct-to-consumer sales. It also features a blog with fitness tips and product recommendations, aiming to build a community around the brand.

Financially, Promixx Limited presents a mixed picture. While net assets increased by 32% to £2.9 million, cash reserves declined by 40% to £330,000. Bank borrowings decreased by 32% to £130,000, and creditors also fell by 32% to £210,000. Trade debtors, however, surged by 1700%, reaching £63,000, which could indicate a shift in payment terms or delayed customer payments. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. No auditor is mentioned, suggesting the accounts are unaudited.

Overall, Promixx Limited appears to be a growing e-commerce business, but the sharp increase in trade debtors warrants closer attention. The company’s focus on premium products and a strong online presence suggests a solid foundation, but managing cash flow will be crucial for continued success.

Registered in England/Wales under the registration number 07832790, with a registered address at CF10 5DT, Wales, Cardiff, 14 Trade Street.

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