Luxe Home Decor Ltd

Luxe Home Decor Ltd from Oldham, UK, is a small, active company founded four years ago. With two employees and £46,078 in assets, it operates as an e-commerce site selling handmade home decor. The company is owned and directed by Quimby Bethany and Gregson Jessica. It's a real address, and the company's status is active.

The business focuses on retail sale via mail order houses or via internet. Its website showcases a range of products, including trays, jewellery dishes, mystery boxes, and accessories. A notable feature is the "5 Lucky Dip" promotion, offering customers a chance to receive a product worth up to £60. The website also highlights customer reviews, emphasizing the quality and uniqueness of the products. It's a great place to start shopping.

Financially, Luxe Home Decor Ltd presents a mixed picture. Creditors have increased significantly, jumping by 570% to £51,000, while current assets have seen a dramatic increase of 730%, reaching £46,000. Bank borrowings have increased by a staggering 2,400%, reaching £29,000. Cash reserves fell 30% to £28,000. 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. The lack of an auditor, likely due to its small size, means the figures are unaudited.

The company's net assets have plummeted 73% to just £16,000. This is a significant decline. It’s possible that the increase in creditors reflects investments in inventory or marketing to fuel growth, but the drop in equity warrants closer attention.

Registered in England/Wales under the registration number 13004159, with a registered address at OL8 2JP, England, Oldham, Unit 1 Belgrave Mill, Honeywell Lane.

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