Luxe Gifts Ltd

Luxe Gifts Ltd is a small, holding company based in London, UK, with an active status. Founded four years ago in January 2021, it employs just two people and holds £6,628 in assets. Operating from a virtual address – registered at a location shared by 4,796 other companies – the company is led by one director and one owner. It runs an e-commerce site selling gift hampers.

The website, Luxe England, showcases a range of thoughtfully curated gift hampers, from "Sleep Relax" to "Winter Wonderland" options. It emphasizes sustainable and cruelty-free products, supporting British businesses and charities, and even contributing to tree planting. The site highlights fast shipping, personalized gift messages, and a commitment to quality. It's clear that Luxe England is aiming to provide a convenient and ethical gifting solution for busy customers.

Financially, Luxe Gifts Ltd presents a mixed picture. While current assets have increased slightly to £6,600, net assets have dramatically decreased to -£22,000, a significant drop. Cash reserves have plummeted 91% to just £510, and bank borrowings have surged by 820%, reaching £36,000. Trade debtors have also increased significantly, reaching £6,100. The company's small size—meeting two of three criteria for a small company—helps it remain flexible, but the sharp decline in equity raises concerns. The lack of an auditor (likely exempt due to its size) means the figures are unaudited.

Overall, Luxe Gifts Ltd appears to be experiencing financial strain. While its e-commerce operation is well-presented and focused on ethical practices, the financials suggest the company is burning through money. Whether it can sustain this level of spending remains to be seen, and it's likely the company will need to find ways to increase revenue or reduce costs to ensure its long-term viability.

Registered in England/Wales under the registration number 13148336, with a registered address at WC2A 1HR, England, London, Suite G04 1 Quality Court, Chancery Lane.

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