London Luxury Products Ltd

London Luxury Products Ltd, based in Wembley, UK, is a small, active company established five years ago. It operates with a virtual address, employs three people, and holds assets totaling £1,547,457. The company is led by two directors and owned by two individuals, Desai Sawan and Savaliya Kanji Ranchhod. It primarily operates in the retail sale via mail order houses or via internet industries.

The company’s website showcases a range of beauty products, from women's fragrances to skincare and cosmetics. It offers both wholesale and retail options, with a focus on international shipping and a trade account program. The site highlights a wide selection of premium brands and emphasizes competitive pricing and customer support. The company’s blog content reinforces its expertise in safety solutions. It appears to be a fully functioning e-commerce business, with a focus on building a strong online presence and attracting trade customers.

Financially, London Luxury Products Ltd presents a mixed picture. Current assets have surged by an impressive 350%, reaching £1,500,000, while net assets have also seen a dramatic increase, jumping 7,100% to £130,000. Cash reserves have also grown substantially, reaching £190,000. However, trade debtors have decreased significantly, dropping 83% to just £47,000, which could indicate challenges in collecting payments. Creditors have increased by a substantial 290%, reaching £1,300,000, and bank borrowings have also risen. The company is classified as small, meeting two of the three criteria (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). As a small company, it’s exempt from an audit, and the financial statements are unaudited.

The substantial growth in assets and net assets suggests a period of expansion and profitability, but the decrease in trade debtors warrants attention. The company's ability to manage its creditors and maintain healthy cash flow will be crucial for its long-term success. The dramatic increase in other inventories, rising 1,700% to £1,300,000, could indicate a strategic investment in stock to meet growing demand, or potentially a risk of obsolescence if not managed effectively.

Registered in England/Wales under the registration number 12476952, with a registered address at HA0 1EF, England, Wembley, Middx, 337 Athlon Road.

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