Temis Luxury (uk) Ltd

Temis Luxury Uk Ltd, based in Chessington, UK, is a small, active company founded six years ago in 2019. With 42 employees and £1,729,341 in assets, it operates from a real address and is led by four directors and a solo founder. The company regularly imports jewelry, precious stones, and metals, with 6 months of import activity recorded as of July 2024.

The company’s website reveals a broader scope than initially apparent. While it describes itself as providing “one-stop international forwarding” and “full logistics,” including e-commerce solutions, its core business appears to be the transport and logistics of luxury goods. It’s part of the Temis Luxury Group, which boasts over 85 years of experience and a global network of hubs in France, Switzerland, the UK, Shanghai, Hong Kong, Dubai, and Singapore. The group specializes in high-end piano restoration and disaster recovery, with a showroom in Harrods, London. The website highlights expertise in handling luxury items, offering services like customs consultancy and specialized airport handling.

Financially, Temis Luxury Uk Ltd shows a mixed picture. Current assets have increased by a significant 87% to £1,700,000, while net assets have improved by 67% to -£120,000. Bank borrowings have decreased by 41% to £14,000, and cash reserves have increased dramatically by 200% to £520,000. Creditors have increased by 59% to £2,300,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the negative equity is something to keep an eye on. The company’s accounts were audited by Sumer Audit, and the financial statements were prepared in accordance with FRS 102.

Overall, Temis Luxury Uk Ltd seems to be navigating a period of growth and investment, but the negative equity suggests it’s burning through cash to expand its operations. The company’s connection to the larger Temis Luxury Group provides a strong foundation and access to a global network, which should help it weather any financial challenges.

Registered in England/Wales under the registration number 11753867, with a registered address at KT6 7LD, England, Chessington, Surrey, Unit 2 Prologis Park, Hook Rise South.

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