X1 Trade Ltd

X1 Trade Ltd, based in Liverpool, UK, is a small, active company founded just one year ago in September 2023. It operates as a solo-founded e-commerce site with a real address and is managed by one director and owner. The company is classified as small, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, arceurotrade.co.uk, focuses on engineering tools and model engineering supplies. It’s clearly an e-commerce operation, offering a wide range of products including lathes, milling machines, abrasives, bearings, and personal protective equipment. The site features bundle offers, new product announcements, and a clearance section, all designed to attract and retain customers. There’s even a section dedicated to M.E. Forums, Projects, and Articles, suggesting a community focus. Arc Euro Trade Ltd, the registered name, has a physical location in Syston, Leicester, and opening hours are listed.

Financially, X1 Trade Ltd presents a picture of a very early-stage business. All reported figures are relatively small: net assets stand at just £1, and turnover is zero. Operating profit and gross profit loss are also zero. Bank borrowings are non-existent, and cash reserves are minimal. The company is exempt from an audit, and the accounts are unaudited. While the lack of substantial financial activity isn’s necessarily alarming for a new venture, it does suggest the company is still in its initial phase of development. It’s likely that the company is burning through money, but there’s not enough information to say for sure. It’s worth noting that the director, Jonathan Whittle, is also listed as a sales person.

Registered in England/Wales under the registration number 15148892, with a registered address at L17 7BD, England, Liverpool, 58 St. Michaels Church Road.

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