Londons Luxury Candle Supplies Ltd

Londons Luxury Candle Supplies Ltd from Derby, UK, is a small, family-run business with an active status, founded six years ago. The company employs eight people and holds £863,732 in assets. With a real address and two directors and owners, it’s a tight-knit operation. It regularly imports and exports glass and glassware, with 33 months of import activity and 21 months of export activity recorded.

The company operates a wholesale business, selling candle and wax melt making supplies, equipment, and luxury candle supplies. Its website showcases a wide range of products, from classic candle jars to diffuser sets and wax melts, catering to both individual crafters and larger businesses. The site also highlights custom packaging options and offers a business hub with resources like CLP label makers and fragrance mass calculators. They even have a showroom opening hours listed.

Financially, Londons Luxury Candle Supplies Ltd shows some interesting trends. While cash bank on hand dropped by 40% to £71,000, current assets increased by 12% to £860,000. Equity, however, jumped by 43% to £580,000, which is a good sign. Bank borrowings remained steady at £53,000. Creditors decreased slightly, 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 agile, but the significant increase in equity is a positive development. There’s no auditor mentioned, likely due to being exempt as a small company, so the figures rely on unaudited statements.

The company’s workforce has increased, with the average number of employees during the period jumping 75% to 14. This could be a sign of growth, but it also means increased operational costs. The sharp increase in equity, however, suggests the company is financially healthy and well-positioned for future expansion.

Registered in England/Wales under the registration number 11396602, with a registered address at DE65 5AP, England, Derby, The Bartonfields Centre Barton Blount, Church Broughton.

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