Flux Undies Ltd

Flux Undies Ltd is a small, active company based in Birmingham, UK, founded six years ago in 2018. With three employees and £368,626 in assets, it’s a modest operation led by a solo founder, Fashoni Paige, who also serves as director and owner. The company has a real address and is registered with one other business at the same location. Flux Undies Ltd regularly imports and exports miscellaneous manufactured goods, with 15 months of import activity and 24 months of export activity recorded, the latest in July 2024.

The company’s website, fluxies.com, showcases a range of period pants, swimwear, and other intimate apparel designed for comfort and sustainability. The site emphasizes leakproof protection, eco-friendly materials, and a variety of styles and absorbencies. It’s clearly geared towards a direct-to-consumer model, with a focus on online sales and a strong brand identity. The website also features a comprehensive FAQ section and detailed product descriptions, indicating a commitment to customer education and support.

Financially, Flux Undies Ltd shows some concerning trends. Current assets decreased by 4.3% to £370,000, while net assets also dropped by 4.3% to £310,000. Bank borrowings increased, and cash reserves fell, suggesting the company is burning through money. Trade debtors increased by 35%, which could mean they are giving customers more credit, or struggling to get paid on time. On the positive side, creditors decreased slightly, indicating better debt management. 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 decline in equity raises questions about its long-term sustainability. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Flux Undies Ltd is facing financial pressures despite a strong online presence and a focus on a growing market. Whether the company can maintain its momentum and turn a profit remains to be seen.

Registered in England/Wales under the registration number 11515817, with a registered address at B37 7YB, England, Birmingham, 1310 Parkway 1310 Parkway, Birmingham Business Park.

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