Luxus Design Ltd
- Small
- Active
- 7 years
- 19 employees
- £1,694,933 (assets)
- Real address
- 2 directors
- 1 owner
- Irregular importer
- Irregular exporter
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Luxus Design Ltd, based in Preston, UK, is a small, active company founded seven years ago in 2017. With nineteen employees and £1,694,933 in assets, it’s a real address operation managed by two directors and a solo founder. The company is a irregular importer of electrical machinery and equipment, with one month of imports recorded, and a irregular exporter of iron or steel products, with one month of exports. It operates as a radiator and bathroom specialist, running several websites including Just Radiators, The Radiator Warehouse, Designer Radiators Direct, and Just Baths.
The company's website showcases a wide range of radiators and bathroom fixtures, emphasizing award-winning customer service and professional guidance. It operates a showroom in Preston and a trade counter in Longridge, catering to both retail and wholesale customers. It’s clear they are focused on online sales, with a strong presence across multiple platforms.
Financially, Luxus Design Ltd shows a mixed picture. Current assets increased by 34%, reaching £1,700,000, while net assets rose by 25%, hitting £540,000. Bank borrowings increased by 77%, reaching £110,000, and cash reserves grew by 23%, reaching £590,000. Creditors increased by 35%, reaching £1,600,000, and trade debtors remained stable. The company’s size—meeting two of three criteria for a small company—allows for agility, but the increase in creditors suggests a need to manage cash flow. The company’s financial statements are unaudited, as it’s exempt due to its small size. The increase in bank borrowings may be a result of increased inventory to meet demand, or perhaps to fund expansion. It's a little concerning that the increase in creditors is so high, though.
Registered in England/Wales under the registration number 10976716, with a registered address at PR2 2SH, England, Preston, Lancashire, Rhodes House 6-18 Tulketh Brow, Ashton-On-Ribble.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 7 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 2 years
-
Resident of United Kingdom
-
Individual
- 7 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted two months ago.
Last news
-
Registration of charge 109767160003, created on 2025-04-29Download 36 pages pdf report
-
Confirmation statement made on 2025-04-03 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2024-09-30Download 9 pages pdf report
Luxus Design Ltd controls
Owns & Controls
-
Corporate
- 3 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about Luxus Design Ltd
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