Samnixon Limited

Samnixon Limited is a small, active company based in Rickmansworth, UK, founded eleven years ago in 2013. It holds £3,756 in assets and operates from a real address, managed by three directors and one owner. The company’s primary business involves retail sale via mail order houses or via internet industries.

While small—meeting two of three conditions for being classified as such (turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees)—Samnixon Limited's financial picture reveals a concerning trend. Current assets have plummeted by a significant 75%, dropping to just £3,800. Bank borrowings have also decreased, though the company's net assets are down to -£17,000—a substantial loss. Cash reserves have fallen by 28%, sitting at just £260. Creditors have also decreased, which is a positive sign, but the overall trend suggests financial strain.

The company's website doesn't offer much insight into its operations beyond its core retail focus. There's no mention of an auditor, which is typical for a small, exempt company. It’s unclear if the company is burning through money, but the sharp decline in assets and the negative equity are cause for concern. It’s possible the company is facing challenges in its market, or perhaps it’s undergoing a period of restructuring.

Registered in England/Wales under the registration number 08533597, with a registered address at WD3 7HN, England, Rickmansworth, Hertfordshire, 137 Tudor Way.

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