Shopx Ltd

Shopx Ltd from Manchester UK: a small, active company founded three years ago, employs two people, and operates from a virtual address with no listed directors or owners. The company meets the criteria for a small business, having a turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. Its registered address, 83 Ducie Street, is likely virtual as 540 other companies are also registered there. Shopx Ltd operates in the retail sale via mail order houses or via internet, and also provides other information technology service activities.

The company’s website is currently unavailable, making it difficult to assess its online presence or specific e-commerce activities. Without a functioning website, it’s impossible to determine the scale of its online sales, customer base, or marketing efforts. It's likely that Shopx Ltd operates primarily through other channels, such as wholesale or business-to-business sales.

Financially, Shopx Ltd presents a concerning picture. While cash bank on hand increased slightly to £41,000, the company’s equity has plummeted by 110%, now standing at a negative £80,000. This suggests significant losses and a reliance on borrowing. Creditors have also risen sharply by 38% to £140,000, indicating increased debt. The company’s intangible assets have decreased by 29%, and net current assets and liabilities are a negative £96,000. Although the company’s bank borrowings have not increased, the overall trend points towards financial strain. The lack of an auditor, typical for a small company, means these figures are unaudited. The company’s small size, however, does allow it to remain agile and responsive to market changes.

Registered in England/Wales under the registration number 13942968, with a registered address at M1 2JQ, England, Manchester, 83 Ducie Street.

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