A-z Luxury Ltd

A-z Luxury Ltd, based in Isleworth, Middlesex, is a small, active company established four years ago in January 11, 2021. With a single employee and £1,398,988 in assets, it operates from a real address and is managed by one director and owner, Tran Anh. The company is an irregular importer, primarily dealing in leather goods, travel bags, and animal harnesses, with recent import activity recorded just two months ago. It operates within the agents involved in the sale of a variety of goods industries.

The company’s website, while basic, highlights its focus on sourcing and supplying luxury goods. It’s not clear if A-z Luxury Ltd has a fully functioning e-commerce platform, but the site suggests a business-to-business model, potentially acting as a sourcing agent for retailers or wholesalers. The site is simple and functional, lacking the bells and whistles of a modern e-commerce store.

Financially, A-z Luxury Ltd’s recent report paints a mixed picture. While current assets grew by 29% to £1,400,000, net assets plummeted 16000% to -£610,000 – a significant shift. Bank borrowings increased substantially, reaching £12,000, and cash reserves evaporated completely, falling 100% to zero. Creditors also increased dramatically, rising 10000% to £12,000. 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 remain flexible, but the sharp decline in equity is concerning. No auditor is mentioned, meaning the figures are unaudited.

The company’s reliance on bank borrowings and the complete depletion of cash reserves suggest it may be burning through money faster than it’s generating revenue. While the growth in assets indicates increased activity, the negative equity suggests the company is struggling to maintain profitability. Tran Anh, as both director and owner, faces a challenging task in stabilizing the business and ensuring its long-term viability.

Registered in England/Wales under the registration number 13126760, with a registered address at TW7 4BH, England, Middlesex, 58 Spencer Road, Isleworth.

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