Radix Technologies Ltd

Radix Technologies Ltd, based in Altricham, UK, is a small, active company founded just one year ago. With £10,478 in assets and a real address, it's a solo founder operation led by a single director and owner, Imran Sadia. The company boasts a stellar 5.0 Google rating from eight reviews and is a regular importer of electrical machinery and equipment, with recent activity recorded in October 2024.

The company’s website, Radix DLT, focuses on Web3 technology, specifically its own blockchain platform, Radix. The site promotes the Radix Wallet, Scrypto programming language, and a growing ecosystem of decentralized applications (dApps). It emphasizes a "radically better" user and developer experience, highlighting features like human-readable transactions, secure account recovery, and a focus on asset-oriented programming. The site is very active, with a blog, podcast, and even a YouTube channel showcasing the technology and community.

Financially, Radix Technologies Ltd presents a mixed picture. While the company’s small size (meeting two of three criteria for a small company) allows for agility, its current assets are quite low. Cash bank on hand remains steady at £1,700, but creditors have remained at £9,600. Equity, however, is only £930, which is a small amount. The company’s lack of employees (zero reported) suggests a very lean operation. No auditor is mentioned, likely due to the small company exemption, so the financial statements are unaudited.

The company’s focus on a cutting-edge technology like blockchain suggests it's likely burning through cash as it develops its platform and builds its community. Whether it can secure funding or achieve profitability remains to be seen, but its high Google rating and active online presence indicate a promising start.

Registered in England/Wales under the registration number 15042200, with a registered address at WA15 7HD, United Kingdom, Altricham, 74 Ridgeway Road, Timperely.

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