The Luxe Within Ltd

The Luxe Within Ltd is a small, active company based in Newcastle Upon Tyne, UK, founded six years ago in December 2018. It operates in the retail sale via mail order houses or via internet industries, employing just one person and holding assets worth £31,171. The company is led by a single director and owner, Jessica Broomfield, and has a real registered address. However, it’s currently facing overdue accounts and confirmation statements, indicating potential management challenges.

The company’s website, theluxeltd.com, showcases a wide range of clothing and accessories, from dresses and jumpsuits to swimwear and tracksuits. It's clearly an e-commerce business, offering a "massive clearance sale" with a 10% discount code ("LUXE10") and emphasizing "quick delivery." The site features pre-order items, gift cards, and detailed product descriptions, suggesting a focus on online sales and customer convenience. The site also offers free UK shipping, which is a good selling point.

Financially, The Luxe Within Ltd is showing some concerning trends. Cash reserves have plummeted by a staggering 86%, falling to just £7,400. Current assets have also decreased by 39%, dropping to £31,000. While creditors have slightly decreased by 1.7%, the significant drop in cash and assets suggests the company is burning through money. Equity, however, has increased dramatically by 140,000%, reaching £1,400, which could be a one-off event. The company meets the criteria for a small business, with turnover likely under £10.2 million, assets under £5.1 million, and fewer than 30 employees. No auditor is mentioned, which is common for small, exempt companies.

Overall, The Luxe Within Ltd appears to be a small e-commerce business facing financial headwinds. While its website and product range look promising, the sharp decline in cash reserves raises concerns about its long-term viability. It’s likely the company is relying on sales to cover its expenses, and the overdue accounts and confirmation statements suggest potential difficulties in managing its finances.

Registered in England/Wales under the registration number 11718127, with a registered address at NE5 3DY, United Kingdom, Newcastle Upon Tyne, Tyne And Wear, 77 Firfield Road Firfield Road.

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