Libidex Ltd

Libidex Ltd, based in London, UK, is a small, active company established 26 years ago. With 14 employees and £1,925,143 in assets, it’s a well-established player in the latex fashion industry. The company, run by two directors and one owner, operates from a real address and has a long history of importing and exporting rubber and rubber products – 139 months of imports and 62 months of exports recorded.

Libidex's website showcases a wide range of latex clothing for both men and women, from catsuits and corsets to dresses and accessories. It’s clearly an e-commerce operation, offering worldwide shipping and a variety of currency options. The site highlights a focus on couture-level design and even offers personalized and extra-tall sizing. The website also has a blog and news section, highlighting events and sales.

Financially, Libidex Ltd shows a mixed picture. While cash reserves decreased by 11% to £860,000, creditors have significantly reduced by 35% to £520,000 – a positive sign. However, the company’s fixed assets have vanished entirely, dropping a staggering 100% to zero. Debtor levels have increased by 87% to £270,000, which could indicate a growing customer base or perhaps delayed payments. Equity has increased by 23% to £1.4 million. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, suggesting exemption as a small company.

Overall, Libidex Ltd appears to be navigating a period of change. The reduction in debt is encouraging, but the dramatic decrease in fixed assets warrants further investigation. The company's long-standing presence and focus on a niche market suggests resilience, but its financial health will depend on maintaining sales and managing its working capital effectively.

Registered in England/Wales under the registration number 03631838, with a registered address at N1 0NX, London, 3 St.Albans Place.

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