Pure Luxuries London Ltd

Pure Luxuries London Ltd from Lancaster UK is a small, active company founded fifteen years ago in December 2009. Employing nineteen people, it holds £3,102,851 in assets, though its registered address is probably virtual, with twenty-five other companies registered there. The business is a family affair, run by three directors and three owners, and operates an e-commerce site with an impressive Google rating of 5.0 based on 1364 reviews. The company regularly imports leather goods, travel bags, and animal harnesses, with nineteen months of import activity recorded, and irregularly exports the same items, with just one month of export activity as of August 2022.

The company’s website, Pure Luxuries, showcases a wide range of luxury goods, including women's and men's leather bags, wallets, jewellery, and cashmere accessories. It’s clear they’re focused on a premium customer, with a strong emphasis on British craftsmanship and sustainable practices, notably using LWG Gold Standard leather. The site also features a blog, highlighting seasonal trends and offering style advice. It’s a well-designed site, clearly geared towards online retail.

Financially, Pure Luxuries London Ltd presents a mixed picture. While cash reserves increased by 53% to £1,300,000, current assets declined slightly by 1.6% to £3,100,000. Trade debtors increased significantly by 70% to £470,000, which could indicate a need to manage customer payments more closely. Bank borrowings are minimal, just £38, but creditors decreased by 9.7% to £590,000, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the increased debtors are something to watch. As a small company, it’s likely exempt from an audit, so the financial statements are unaudited. The company has a few directors, and they are all listed.

Overall, Pure Luxuries London Ltd appears to be a thriving e-commerce business, but it’s important to monitor its trade debtors and ensure sustainable growth.

Registered in England/Wales under the registration number 07100423, with a registered address at LA1 1WD, Lancaster, Lancashire, Dalton House, 9 Dalton Square.

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