Luxmi Limited

Luxmi Limited, based in Middlesex, UK, is a small, active company founded 24 years ago in December 2000. With three employees and £386,881 in assets, it’s a solo-founded operation managed by two directors and one owner. The company regularly imports knitted or crocheted fabrics, with 97 months of import activity recorded, the last in August 2024.

The company operates in the wholesale of textiles industries and is a subsidiary of Luxmi Group, a tea business with roots dating back to 1912. Luxmi Group's website showcases a diverse range of teas – Darjeeling, Rwanda, Assam – and emphasizes ethical sourcing, community support, and environmental sustainability. The company's website is very detailed, with a lot of information about the history and values of the company.

Financially, Luxmi Limited shows a mixed picture. Cash and cash equivalents increased by 13% to £340,000, while current assets decreased by 5.5% to £390,000. Trade debtors decreased significantly by 56% to £48,000, suggesting better collection efforts, but bank borrowings decreased by 100% to zero. Creditors decreased by 48% to £30,000. Equity increased by 1.5% to £330,000. 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. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Luxmi Limited is financially stable, but the decrease in current assets and debtors suggests a need to monitor cash flow. The tea business, meanwhile, thrives on heritage and ethical practices—a contrast to the more modest wholesale operations.

Registered in England/Wales under the registration number 04122761, with a registered address at HA6 1HQ, Middlesex, 3a The Drive, Northwood.

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