Elux Europe Ltd

Elux Europe Ltd, based in Bolton, UK, is a small holding company with an active status, founded seven years ago. It employs just two people and holds assets worth £11,529,968. The company has four directors and one owner, with the owner list changing five months ago, which is a good sign for potential sales. It has a real address and regularly imports goods (16 months) but the top import category is listed as "none." It also exports tobacco and tobacco substitutes (11 months).

The company's website, ELUX Beyond Tomorrow, focuses on selling vaping products, including disposable pod systems, e-liquids, nicotine pouches, and OEM/ODM offerings. It features a range of brands like Cyberover, Eliquid, and Firerose, catering to a B2B market with a focus on wholesale. The site emphasizes new product arrivals, spotlights, news, events, and sustainability initiatives, and includes a dedicated section for verifying products. It's clearly an e-commerce operation, targeting a global market with a focus on wholesale distribution.

Financially, Elux Europe Ltd’s numbers paint a surprising picture. While the company is small (meeting two of three conditions for a small company), its assets have skyrocketed by an astounding 20,000%, reaching £4,800,000. Cash bank on hand has also seen a massive increase, up 20,000% to £4,800,000. However, liabilities have also surged dramatically. Accrued liabilities deferred income are up 330%, and creditors have increased by 17,000% to £11,000,000. Trade debtors have also risen significantly, up 10,000% to £1,600,000. The number of employees has also increased from two to twelve, which is a big jump. The company's net assets have increased by 1900% to £870,000, but the large increase in liabilities suggests it’s burning through money fast. The company’s unaudited financial statements, which are exempt due to its small size, don’t mention an auditor.

Registered in England/Wales under the registration number 11055274, with a registered address at BL3 3AQ, United Kingdom, Bolton, Unit H9, Higher Swan Lane.

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