Luxe Of Love Events Ltd

Luxe Of Love Events Ltd from London UK: a small, active company founded two years ago, operates from a virtual address and is led by a solo founder and director, Wilson Shalon. It holds a perfect 5.0 Google rating from a single review. The company is an irregular importer of furniture, lighting, and prefabricated buildings, with just two months of import activity recorded as of June 2024.

The company’s website showcases a focus on luxury photobooth hire for weddings, corporate events, and social celebrations. It offers various packages and add-on services, including bespoke branding and instant prints, and even a 360 booth option. The site emphasizes a personalized service and a commitment to creating memorable experiences for clients. It's clearly aiming to position itself as a premium provider in the London and Kent event market.

Financially, Luxe Of Love Events Ltd presents a mixed picture. Net assets have plummeted from a positive £1 to a negative £2,600—a significant turnaround. Cash reserves are minimal, sitting at just £1, while creditors have risen to £6,900. Bank borrowings are also substantial, at £6,600. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no mention of an auditor, which is typical for companies of this size.

The sharp decline in equity suggests the company may be burning through cash, possibly due to startup costs or a slow sales period. The rise in creditors could indicate a need for better cash flow management. It's worth noting that the company's small size allows for flexibility, but the financial pressures will need to be addressed to ensure long-term sustainability.

Registered in England/Wales under the registration number 14374897, with a registered address at WC2A 2JR, England, London, 7 Bell Yard.

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