Topaz Luxe Ltd

Topaz Luxe Ltd from Cheltenham UK: a small, active company founded six years ago, currently has confirmation overdue by 11 months, employs one person, and holds £28,532 in assets. It's a solo-founded operation with one director and owner, operating from a real address.

The company operates in the retail sale via mail order houses or via internet industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The website, NOT JUST A LABEL (NJAL), showcases a vast marketplace for emerging fashion designers from around the world. NJAL isn't just a shop; it’s a platform for discovery, offering collections, features from fashion journalists, and social media engagement. The site allows designers to connect directly with a global audience, retail their designs, and provides a unique shopping experience in the luxury space. It's clear that NJAL is an ecommerce business, facilitating the sale of contemporary luxury fashion from thousands of designers across 150 countries.

Financially, Topaz Luxe Ltd presents a mixed picture. Cash bank on hand has decreased by 37% to £1,100, and net assets have fallen by 6.6% to -£46,000. Creditors have increased, both within and after one year, suggesting a reliance on short-term financing. Trade debtors remain stable. The company’s fixed assets have decreased by 25%, and the accumulated depreciation impairment property plant equipment has increased by 20%. It's a bit concerning that the company's equity is negative, but this is not uncommon for startups. It's worth noting that the accounts are abridged and unaudited, and the company is exempt from an audit. No auditor is mentioned. The business seems to be holding on, but it's not exactly booming.

Registered in England/Wales under the registration number 11335174, with a registered address at GL51 3HA, England, Cheltenham, 22a Winchester Way.

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