Luxscents Uk Ltd

Luxscents UK Ltd, based in Coventry, UK, is a small, family business with an active status, founded six years ago. Employing just three people, the company holds £2,069,409 in assets and operates from a real address. With one director and two owners, it’s a tightly managed operation. Luxscents regularly imports essential oils and perfumes (three months of import activity, last in December 2024) and occasionally exports them (two months, last in January 2025).

The company’s website, Luxscents UK, positions itself as an exclusive distributor of ARMAF fragrances, catering to high-end markets. It emphasizes partnerships with leading fragrance brands and offers a range of services, including business development and stockist support. The website also features a partnership program and a downloadable brochure. New releases, like the Odyssey and Checkmate ranges, are prominently displayed, alongside social media links and contact information. It's clear the company focuses on wholesale distribution rather than direct-to-consumer sales.

Financially, Luxscents UK Ltd presents a mixed picture. While cash reserves increased dramatically by 790% to £65,000, net assets decreased by 97% to £530,000. Bank borrowings increased by 89% to £85,000, and trade debtors rose by 30% to £350,000. Creditors decreased by 57% to £73,000, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the significant decrease in equity raises questions about its long-term financial stability. The company is exempt from an audit, so the figures are unaudited. It seems like the business is growing, but it’s burning through cash to do so.

Registered in England/Wales under the registration number 11464715, with a registered address at CV1 1GF, England, Coventry, West Midlands, 12 Corporation Street.

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