Exquisite Luxury Ltd

Exquisite Luxury Ltd, based in Whitby, UK, is a small, active company established seven years ago. With six employees and £951,565 in assets, the firm operates from a real address and is overseen by two directors and one owner. The company regularly imports plastics and plastic products (five months of activity) and exports essential oils and perfumes (three months). It’s a manufacturer operating in the “other manufacturing n.e.c.” industries.

The company’s website highlights its expertise in bespoke cosmetic manufacturing and private label skincare solutions. It offers a range of services, including research and development, packaging storage, and product sampling, catering to brands worldwide. The website emphasizes low-cost development and flexible terms, appealing to both private label and bespoke cosmetic needs.

Financially, Exquisite Luxury Ltd shows a mixed picture. Cash bank on hand has dramatically increased by 380%, reaching £510,000, which is a positive sign. However, creditors have also risen by 11% to £740,000, and net assets have significantly improved from -£320,000 to £750,000. The company’s fixed assets have more than doubled, reaching £540,000, and current assets have increased by 350% to £950,000. It's a small company, meeting two of three criteria for size: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are abridged and unaudited, exempt from a full audit.

The substantial increase in cash reserves suggests a period of strong sales or efficient cost management. However, the rise in creditors warrants monitoring to ensure the company maintains healthy payment terms. The lack of an auditor is common for small companies, but the improved financial position indicates a company that's gaining momentum, despite the challenges of a competitive market.

Registered in England/Wales under the registration number 10804918, with a registered address at YO21 2DQ, England, Whitby, North Yorkshire, Stocking House John Breckon Road, Westerdale.

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