Laxmi Enterprise (uk) Ltd

  • Small
  • Holding
  • Active
  • 12 years
  • 2 employees
  • £452,777 (assets)
  • Virtual address
  • 2 directors
  • 3 owners
  • Regular importer
  • Family business

Field of Operation

Wholesale of watches and jewellery
46480 4015 companies

Social media

Summary

Laxmi Enterprise (UK) Ltd is a small, holding company based in Leicester, UK, with an active trading status. Founded eleven years ago in 2013, it employs just two people and holds £452,777 in assets. The company operates from a virtual address, registered at a location shared by 125 other businesses, and is managed by two directors and three owners – Mdl Estates Uk Ltd, Lodhia Chandrika, and Lodhia Nilesh. It’s a family business that regularly imports jewelry, precious stones, and metals, with 15 months of import activity recorded, the latest in February 2025.

The company’s website reveals a surprising diversification. While initially described as a British Import and Export company specializing in wholesale foods and beverages, the site now focuses on trading and supply chain management. Laxmi Enterprise boasts an extensive network and proven expertise, sourcing products from various global markets, including the USA, Brazil, Europe, India, Argentina, China, Indonesia, and Singapore. It aims to expand its presence across the UK, Europe, and Southern Africa. The website mentions a Sharma Alliance, but the nature of this relationship isn's entirely clear.

Financially, Laxmi Enterprise shows a mixed picture. Current assets have significantly dropped by 46% to £450,000, and net assets have plummeted 41% to £200,000. Cash reserves have experienced a dramatic 80% decrease, falling to just £33,000. Bank borrowings remain steady at £25,000, and creditors have fallen by a substantial 53%, suggesting improved 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 stay nimble, but the sharp equity drop raises questions. No auditor is mentioned, likely due to the company’s exemption as a small entity, so the figures rely on unaudited statements.

Overall, Laxmi Enterprise is facing financial pressures despite its diverse trading activities. Whether the company can sustain its growth and navigate these challenges remains to be seen.

Registered in England/Wales under the registration number 08592798, with a registered address at LE3 5GF, United Kingdom, Leicester, 50 Woodgate.

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

Owners & PSC

  • 1 year
  • 25%+
  • 3 years
  • 2
  • 25%+
  • 9 years
  • 25%+

Managers

  • 12 years
  • 1
Jeweller
  • 12 years
  • 1
Supervisor

Last reports

Download the last financial report
Download the last confirmation report
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Last news

  1. Confirmation statement made on 2025-05-17 with no updates
  2. Total exemption full accounts made up to 2024-07-31
  3. Confirmation statement made on 2024-05-17 with updates
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Importer profile by HS codes

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Last imported products

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