Xxy23 Ltd

Xxy23 Ltd from Coventry UK: a small, active company founded three years ago, holds just £8,087 in assets, and operates from a virtual address. It's a solo founder venture with one director and owner, running an e-commerce site and irregularly importing clothing and accessories made by knitting or crocheting – just two months of imports recorded as of December 2024. The company operates in the retail sale via mail order houses or via internet industries.

The website, Muoti Clothing, showcases a curated selection of designer men's clothing, including brands like Casablanca, Ami, and Dsquared2. It’s a full-fledged e-commerce platform with clear product categories, a search function, and a focus on up-to-60% off deals. The site’s design is modern and clean, with high-quality product photography and a user-friendly shopping experience. It also has a blog with trending now items.

Financially, Xxy23 Ltd presents a mixed picture. While cash bank on hand increased by a whopping 210% to £4,000, net losses deepened considerably, reaching -£12,000. Trade debtors surged by an incredible 6,900%, climbing to £4,100, suggesting potential issues with customer payments. Creditors also increased significantly, reaching £20,000. The company's small size—meeting two of three criteria for a small company—helps it remain flexible, but the substantial equity decline is concerning. The accounts are unaudited, and no auditor is mentioned, which is typical for a small, exempt company.

The company has a lot of creditors, and the debts are growing. It's a bit worrying, but the cash reserves are improving.

Registered in England/Wales under the registration number 13823437, with a registered address at CV6 4AD, Coventry, West Midlands, Bridge House, 9-13 Holbrook Lane.

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