Luxus Home & Garden Limited
- Small
- Holding
- Active
- 4 years
- 3 employees
- £583,688 (assets)
- Virtual address
- 1 director
- 1 owner
- E-commerce
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
Summary
Luxus Home & Garden Limited is a small holding company based in London, UK, with an active status. Founded four years ago in July 2020, the company employs just three people and holds £583,688 in assets. It operates a virtual address, a detail that’s worth noting as 91192 other companies are registered at the same location. The company is led by one director and has one owner, though it's important to remember that this owner list isn't exhaustive. Luxus Home & Garden runs an e-commerce site, selling high-end indoor and outdoor furniture.
The company’s website showcases a wide range of products, from teak garden furniture and outdoor sofas to indoor dining sets and bedroom furniture. They emphasize sustainable manufacturing practices, using natural products and focusing on British craftsmanship. The website also highlights the company's leadership in sustainable furniture, with a commitment to minimizing its environmental impact. They even have a blog with articles on topics like teak furniture care and eco-friendly garden design.
Looking at the financial data, Luxus Home & Garden’s current assets have decreased by 19% to £580,000, while net assets have also fallen, though less dramatically, by 1.7% to £64,000. Bank borrowings have completely disappeared, which is a positive sign, and cash reserves have dropped by 28% to £190,000. Creditors have also decreased, suggesting improved debt management. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in cash reserves could be a cause for concern. Depreciation on computer equipment has increased by 17%, which could be due to investment in online sales infrastructure. The company is exempt from an audit as a small company, so the financial information is unaudited.
Overall, Luxus Home & Garden appears to be navigating a period of change. While the company's e-commerce operations seem to be thriving, the financial data suggests a need to carefully manage expenses and maintain a healthy cash flow.
Registered in England/Wales under the registration number 12728517, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Assured Global Group Ltd
- 3 years
- 3
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Lock Matthew Claude
- 4 years
- 6
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Total exemption full accounts made up to 2024-07-31Download 11 pages pdf report
-
Confirmation statement made on 2024-07-06 with no updatesDownload 3 pages pdf report
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Director's details changed for Mr Matthew Lock on 2024-04-02Download 2 pages pdf report
FAQ about Luxus Home & Garden Limited
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