Luxes Collection Limited

Luxes Collection Limited, based in Worcester Park, UK, is a small, active company founded 12 years ago. It operates as an e-commerce site with a stellar 5.0 Google rating from 207 reviews. The company has a real address, one director, and one owner, and employs no staff. It’s a small business, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company specializes in the wholesale and retail of luxury brands, offering a wide range of clothing, accessories, and footwear from designers like Louis Vuitton, Gucci, and Chanel. Its website showcases a curated selection of new arrivals, reductions, and best-selling items, catering to a discerning clientele. The site also offers services like authentication guarantees, express shipping worldwide, and a free gift at checkout. It’s clear they’re aiming for a premium experience.

Financially, Luxes Collection Limited presents a mixed picture. While bank borrowings increased by 22%, director advances also grew by 22%, suggesting a need for working capital. However, creditors decreased by 42%, which could indicate improved debt management. Net assets remain negative at -£5,800, and cash reserves are low, which could be a concern. It’s worth noting that the company has taken exemption from delivering a profit and loss account under Section A of the Companies Act. With no auditor mentioned, the figures are unaudited.

Overall, Luxes Collection Limited appears to be a small, ambitious e-commerce business navigating the challenges of a competitive market. The company's strong Google rating and focus on luxury brands suggest a loyal customer base, but the negative equity and low cash reserves indicate a need for careful financial management.

Registered in England/Wales under the registration number 08070392, with a registered address at KT4 7LR, United Kingdom, Worcester Park, London, 32 Leyfield.

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