Theluxe.london Ltd

Theluxe London Ltd is a small, active company based in Wilmslow, UK, founded nine years ago in 2015. With £302,163 in assets and a real registered address, it’s a lean operation employing just two people and managed by one director and owner. The company operates in the retail sale of clothing and other human health activities, but its financial activity is somewhat irregular, importing clothing and accessories made by knitting or crocheting for one month in 2022 and exporting miscellaneous metal items for one month in 2018.

The company’s website, Luxe London, positions itself as a “Fashion Concierge” offering a unique, high-end service. It’s not a traditional e-commerce site; instead, it’s a membership-based platform offering a “Privilege Club” with access to bespoke services like wardrobe refreshes, luxury goods sourcing, event planning, bespoke holidays, and even access to exclusive real estate and expensive toys like cars and yachts. Potential clients are encouraged to contact the concierge via WhatsApp or phone. The site emphasizes a "lifestyle beyond limits" and caters to a clientele seeking a complete outsourcing of their personal and corporate lives.

Financially, Theluxe London Ltd’s picture is mixed. Cash reserves have plummeted 90%, dropping to just £20,000, while bank overdrafts have skyrocketed by 1200%, reaching £250,000—a concerning trend. Bank borrowings, however, have decreased by 17%, and creditors have also fallen by 17%, suggesting some improvement in debt management. Debtors have increased significantly, rising by 550%. The company’s small size (meeting two of three criteria for a small company) helps with agility, but the large overdraft and the drop in cash reserves raise questions. The company is exempt from an audit, and the financial statements are unaudited.

The significant increase in bank overdrafts and the decrease in cash reserves, combined with the high level of debtors, suggest Theluxe London Ltd is potentially burning through money. While the concierge service model appears to target a high-end clientele, the financial data indicates a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 09885977, with a registered address at SK9 5ER, England, Wilmslow, Blackbox, Beech Lane.

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