Flymax Luggage Ltd

Flymax Luggage Ltd, based in Gravesend, UK, is a small, family-run business with an active status, having been founded thirteen years ago in 2012. With just two employees and £936,371 in assets, it operates from a real address and is led by one director and two owners. The company runs an e-commerce site and has earned a perfect 5.0 Google rating from sixteen reviews. It regularly imports leather goods, travel bags, and animal harnesses, with import activity spanning 50 months, the last operation made in February 2025.

The website, Flymax Luggage, showcases a wide range of suitcases and travel accessories, from hard shell options to duffle bags and shopping trolleys. It’s clearly geared towards online retail, with a focus on stylish, durable, and lightweight luggage. The site features various collections, including cabin-sized options and wheeled bags, catering to different travel needs. It also offers free shipping and a one-year warranty, enhancing the customer experience.

Financially, Flymax Luggage Ltd presents a mixed picture. While cash bank on hand increased by 31% to £740,000, net assets liabilities dropped significantly to -£210,000. Bank borrowings decreased by 88% to £33,000, while bank overdrafts increased dramatically by 5300% to £360,000. Creditors also increased by 40% to £110,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in bank overdrafts and decrease in equity raise concerns. The company’s average number of employees increased by 150% to five. The unaudited accounts, prepared using VT Final Accounts software, do not mention an auditor.

Overall, Flymax Luggage Ltd appears to be a growing e-commerce business facing some financial pressures. The company’s strong Google rating and focus on quality luggage suggest potential for future success, but careful management of its finances will be crucial.

Registered in England/Wales under the registration number 08044012, with a registered address at DA11 8HB, United Kingdom, Gravesend, Kent, Unit A4, Springhead Park.

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