Luxus Limited

Luxus Limited, based in Louth, UK, is a well-established holding company with a 60-year history. Active since its founding in 1965, the company employs 170 people and holds assets valued at £11,272,700. It’s a real address with three directors and two owners, and boasts a stellar 5.0 Google rating based on five reviews. Luxus specializes in importing machinery, boilers, and mechanical appliances (parts for 99 months) and exporting plastics and plastic products (64 months).

The company’s core business revolves around manufacturing plastics and recycling sorted materials, as evidenced by its website. It operates as a leading manufacturer of prime and recycled polymers, offering compounding, PCR compounds, and a range of services including closed-loop recycling and technical consultancy. Luxus also has a partnership with Colour Tone Masterbatch, driving transformation in the plastics sector. The website highlights its commitment to sustainability, offering solutions for various sectors, including automotive, civil engineering, and packaging.

Financially, Luxus Limited presents a mixed picture. While cash bank on hand decreased by 20% to £840,000, net assets increased by 25% to £7,500,000. Bank borrowings saw a significant drop of 27% to £980,000, and creditors also decreased by 12% to £4,700,000. The company's average number of employees remained stable at 170. A notable increase in accrued liabilities deferred income, up 37% to £330,000, suggests potential changes in payment terms or increased short-term obligations. The lack of an auditor mentioned likely means the financial statements are unaudited. Overall, Luxus appears to be a stable, long-standing company, though the rise in accrued liabilities warrants further observation.

Registered in England/Wales under the registration number 00834329, with a registered address at LN11 0LQ, Louth, Lincolnshire, Belvoir Way, Fairfield Industrial Estate.

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