Luxury Living Retail Limited

Luxury Living Retail Ltd, based in Bilston, UK, is a small, family-run business with an active status. Founded thirteen years ago in 2012, the company employs twelve people and holds £638,284 in assets. It has a real registered address and is overseen by one director and three owners. The firm is a somewhat irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import activity recorded over four years ago in October 2020. It boasts a perfect 5.0 Google rating from five reviews.

The company's website showcases a wide range of bespoke, handmade sofas, chairs, and commercial seating options, all crafted in England. It caters to both domestic and commercial customers, including hotels, bars, and restaurants, with a focus on luxury and quality. The website highlights a variety of ranges, from the Balmoral to the Windsor, and emphasizes free delivery throughout mainland UK. It even has a factory showroom where customers can view the furniture being made.

Financially, Luxury Living Retail Ltd’s numbers paint a mixed picture. Current assets have fallen by 38% to £640,000, while net assets have increased by 27% to £180,000. Bank borrowings have decreased by 35% to £19,000, and cash reserves have plummeted 63% to £74,000. Creditors have also decreased significantly by 44%, suggesting improved debt management. The company meets the criteria for a small business, with a turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. However, the decrease in cash reserves and finished goods, which fell 55% to £240,000, could indicate a need to manage working capital more effectively. There’s no auditor mentioned, which is common for small, exempt companies. The company’s reliance on retained earnings, which grew by 27% to £180,000, suggests a focus on reinvesting profits.

Registered in England/Wales under the registration number 08011856, with a registered address at WV14 6PY, Bilston, West Midlands, 49 Mountford Lane.

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