Luxv Ltd

Luxv Ltd is a small, active company based in Manchester, UK, founded three years ago in January 2022. It’s a private limited company with a virtual address, registered at M19 2LL, and boasts two directors and two owners. The company operates an e-commerce site selling thermal underwear, handmade in Great Britain. With £7,444 in assets, it’s a modest operation, meeting two of the three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The Luxv Ltd website showcases a range of women's thermal underwear, wool, and cotton underwear, all made with natural materials. The site highlights the quality and craftsmanship of the products, emphasizing their warmth, comfort, and flexibility. Customer testimonials praise the products' beauty, functionality, and washability. The website also features collections, customer services, and a mailing list offering a 50% discount on the first purchase.

Financially, Luxv Ltd presents a mixed picture. Current assets have increased by a significant 210% to £7,400, but net assets remain negative at -£740. Cash bank on hand has improved considerably, rising 180% to £6,700. However, creditors have decreased by 33%, which is a good sign. Despite these improvements, the company’s retained earnings accumulated losses remain negative. The lack of employees (zero reported) suggests a lean operation. With no auditor mentioned, the accounts are unaudited, but they are prepared in accordance with FRS 102. It seems the company is working to improve its financial position, but it’s still facing challenges.

Registered in England/Wales under the registration number 13878515, with a registered address at M19 2LL, England, Manchester, 63 Kingsway.

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