Luxury Collection Resale Ltd

Luxury Collection Resale Ltd, based in Maidstone, UK, is a small, active company founded two years ago in 2023. It’s a solo-founded operation with one director and owner, Fincham Caroline, and operates an e-commerce site. The company has £2,625 in assets and uses a virtual address registered with twenty-three other companies, which is a little odd. It’s an irregular exporter, primarily dealing in leather goods, travel bags, and animal harnesses, with just two months of export activity recorded as of January 2025.

The company’s website showcases a wide range of designer goods, including Chanel, Dior, Gucci, and Louis Vuitton, with a focus on authentication and sourcing hard-to-find items. It offers a bespoke styling service and even provides authentication services for customers’ own items. The site is well-designed and user-friendly, with a global shipping option and a variety of payment methods. It’s clear that Luxury Collection Resale Ltd is aiming to be a one-stop shop for luxury resale.

Financially, Luxury Collection Resale Ltd’s numbers are a bit concerning. Net assets are a negative £23,000, which is a big drop. Cash bank on hand is only £1,300, and creditors are £32,000, which is a lot. Bank borrowings are £23,000, and trade debtors are £970. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of employees (zero reported) suggests a very lean operation. As a small company, it’s exempt from an audit, so the figures are unaudited.

It seems like Luxury Collection Resale Ltd is burning through money, despite its well-designed website and focus on authentication. Whether it can turn things around remains to be seen, but it’s facing some serious financial pressure.

Registered in England/Wales under the registration number 14766399, with a registered address at ME15 6AQ, England, Maidstone, Kent, Mackenzies Accountants 4 Kings Row, Armstrong Road.

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