Luxe Collective Fashion Ltd
- Liquidation
- Small
- 4 years
- Confirmation overdue 3 months
- 10 employees
- £791,251 (assets)
- Regular importer
- Regular exporter
- Virtual address
- 2 directors
- 2 owners
- Family business
- E-commerce
- Rating 5.0 (203)
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
Summary
Luxe Collective Fashion Ltd, based in Ormskirk, UK, is a small, active family business founded four years ago. With ten employees and £791,251 in assets, it operates a thriving e-commerce site and boasts an impressive Google rating of 5.0 based on 203 reviews. The company regularly imports and exports leather goods, travel bags, and animal harnesses, with 18 months of import activity and 37 months of export activity recorded. It has two directors and two owners, both of whom are listed as Gallagher.
The company’s website showcases a curated selection of luxury brands and pre-loved items, catering to a fashion-conscious clientele. It offers a wide range of products, from handbags and belts to watches and jewellery, with a focus on high-end designers like Louis Vuitton, Gucci, and Chanel. The site also features a "Sell My Item" service, allowing customers to trade in their unwanted fashion pieces for cash, and offers personal shopping assistance. It’s clear the business is aiming for a premium experience, with frequent sales and promotions advertised.
Financially, Luxe Collective Fashion Ltd’s recent report reveals a mixed picture. Current assets have fallen by 18%, dropping to £790,000, while net assets have plummeted 66%, sitting at £150,000. Bank borrowings have increased significantly, rising 140% to £520,000. Creditors also increased by 22%, reaching £670,000. A notable increase in average employees (from 10 to 22) suggests the company may be expanding its operations, but also potentially straining its financial resources. The company is exempt from an audit as a small company, so the figures are unaudited.
While the company’s strong online presence and positive customer reviews are encouraging, the decline in equity and increase in debt raise questions about its long-term sustainability. It's likely the company is investing in growth, but careful management will be crucial to ensure it doesn’t burn through cash too quickly.
Registered in England/Wales under the registration number 13075814, with a registered address at M3 7BG, Manchester, The Copper Room, Deva City Office Park, Trinity Way.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 4 years
- 4
- 25%+
-
Resident of United Kingdom
-
Individual
- 4 years
- 4
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
- 4
-
Resident of United Kingdom
-
Individual
- 4 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
Satisfaction of charge 130758140003 in fullDownload 1 page pdf report
-
Notice to Registrar of Companies of Notice of disclaimerDownload 5 pages pdf report
-
ResolutionsDownload 1 page pdf report
Importer profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
Exporter profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
FAQ about Luxe Collective Fashion Ltd
Looking for leads in the UK?
Try our FREE App—access UK datasets with limited features!