Traxxis Ltd

Traxxis Ltd is a small, active company based in Spalding, UK, founded five years ago in 2019. With £231,392 in assets and a real registered address, it’s a solo-founded operation run by a single director and owner, Sly George. The business operates as an irregular importer and exporter of machinery, boilers, and mechanical appliances, with parts – one month of imports recorded as of December 2023, and two months of exports as of August 2024.

The company’s website, Traxxis Ltd, focuses on tractor and harvester tracks, replacement tracks, and undercarriage parts. It emphasizes soil regeneration and helping customers improve productivity, yield, and profitability, with George Sly, the Managing Director, leading the vision. Contact information is readily available, including a phone number and email address, and the site lists its VAT number and company registration number. The company operates in the wholesale of agricultural machinery, equipment and supplies industries.

Financially, Traxxis Ltd shows a mixed picture. Current assets have increased dramatically, jumping 230,000% to £230,000, while net assets have also seen a significant rise, increasing 140,000% to £140,000. Cash reserves have increased dramatically, rising 140,000% to £140,000. Bank borrowings are zero. Creditors have increased, rising 110,000% to £110,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increased creditors raise questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s focus on agricultural machinery and its emphasis on soil regeneration suggest a niche market. Whether it can sustain its growth and manage its increased liabilities remains to be seen, but for now, Traxxis Ltd is betting on its specialized products and customer focus to drive its business forward.

Registered in England/Wales under the registration number 12169162, with a registered address at PE12 0EZ, England, Spalding, Cliftons Bridge Fishergate, Sutton St. James.

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