X Action Parts Ltd

X Action Parts Ltd is a small, active company based in London, UK, founded six years ago in 2018. It employs just one person and holds £1,277 in assets, operating from a virtual address shared by 199 other companies—a bit unusual. The company is led by one director and owner, Damoc Mirela. It's a irregular importer, with its top import category being Rubber and rubber products, totaling 1 months of imports. The last import operation was conducted on July 01, 2020.

The company’s website showcases a wide range of industrial doors, components, and repair materials. It operates as both a manufacturer and trade supplier, offering sectional overhead doors, garage doors, high-speed doors, dock shelters, and levellers. It also provides repair panels for existing doors and a variety of industrial door parts. The site emphasizes technical support, training, and a broad catalogue of choice for its door industry clients.

Financially, X Action Parts Ltd is showing some concerning trends. Current assets have plummeted by a staggering 98%, leaving just £1,300 remaining. Bank cash reserves have also suffered a dramatic 95% drop to a mere £77. Debtor values have completely disappeared, and finished goods are also down 100%. While creditors remain steady, and equity has increased by 44%, the significant decline in assets and cash raises questions. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp drop in net assets—now at -£80,000—suggests a potential cash flow crunch. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies. It’s a bit strange that the company’s equity has increased despite the significant decrease in assets.

Registered in England/Wales under the registration number 11627160, with a registered address at W1G 7AJ, England, London, 41 Devonshire Street, Ground Floor.

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