Rixoz Ltd

Rixoz Ltd from Southall UK is a small, active company founded three years ago. It employs one person and holds £18,001 in assets, operating from a real address with one director and one owner. The company operates in the retail sale via mail order houses or via internet industries.

The business’s website is minimal, offering little insight beyond its core function: online retail. There's no obvious e-commerce platform, suggesting a more bespoke or potentially wholesale operation rather than a traditional online store. It’s hard to tell exactly what they sell, but the focus appears to be on online sales.

Financially, Rixoz Ltd presents a mixed picture. While cash bank on hand has seen a dramatic increase of 560,000%, from just £2 to £11,000, net assets have fallen by 400% to -£1,500. Creditors have also increased significantly, rising by 3,700% to £11,000. Trade debtors are at £6,700, which could be a sign of delayed payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited. The increase in liabilities, despite the cash influx, suggests the company is spending more than it’s earning, possibly investing in inventory or marketing. It's also worth noting that the company's equity is negative, which isn't ideal.

Despite the challenges, the significant increase in cash reserves could indicate a recent influx of funds, perhaps from a loan or investment. The director, Mr. Mohammed Kamran Chughtai, is clearly driving the business forward, but it will be interesting to see if Rixoz Ltd can sustain this growth and turn its financial trajectory around.

Registered in England/Wales under the registration number 13871213, with a registered address at UB1 2NJ, England, Southall, 380 Lady Margaret Road.

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