Lux Life Interiors Ltd
- Small
- Active
- 3 years
- 2 employees
- £18,725 (assets)
- Virtual address
- 3 directors
- 2 owners
- Regular importer
- Rating 5.0 (2)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Lux Life Interiors Ltd, based in Grays, UK, is a small, active company established three years ago. With just two employees and £18,725 in assets, it operates from a virtual address – a point to note as fifty-eight companies share the same location. The company, led by three directors and two owners, has garnered a perfect 5.0 Google rating from two reviews, showcasing a strong reputation despite its size. It’s a regular importer of furniture, lighting, and prefabricated buildings, with 24 months of import activity recorded, the last operation happening in May 2024.
The company’s website presents Lux Life Interiors as an interior design firm specializing in creating bespoke homes. They offer a service that aims to be stress-free, guiding clients from initial concept to project completion. Their portfolio highlights projects like “The Paddock,” a home in Writtle, Essex, emphasizing effortless design and contemporary detailing. The website also includes a blog, contact form, and social media links, suggesting a focus on online presence and client engagement. They even have a showroom, which is a nice touch.
Financially, Lux Life Interiors Ltd has experienced some turbulence. Current assets have plummeted by 83%, dropping to just £19,000, while net assets have taken a significant hit, falling to -£6,100. Bank cash reserves have also decreased substantially, falling 83% to £5,200. Creditors have decreased by 55%, which is a positive sign, but the drop in equity is concerning. Trade debtors have also dropped significantly, by 89%, suggesting a possible issue with collecting payments. Despite meeting two of the three criteria to be considered a small company, the company's financial situation indicates it's burning through money. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.
Overall, Lux Life Interiors Ltd appears to be a small, well-regarded design firm facing financial challenges. The company’s reliance on a virtual address and the significant drop in equity raise questions about its long-term sustainability, but its strong Google rating and focus on client satisfaction suggest it has potential.
Registered in England/Wales under the registration number 13574679, with a registered address at RM17 5RY, United Kingdom, Grays, Essex, 21 Lodge Lane.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 3 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 3 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
-
Resident of United Kingdom
-
Individual
- 3 years
- 1
-
Resident of United Kingdom
-
Individual
- 3 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
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Total exemption full accounts made up to 2024-03-31Download 9 pages pdf report
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Confirmation statement made on 2024-08-19 with updatesDownload 4 pages pdf report
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Confirmation statement made on 2023-08-19 with updatesDownload 4 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Lux Life Interiors Ltd
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