Waxx.inn London Ltd

Waxx Inn London Ltd is a small, active company based in London, UK, founded six years ago in 2019. With £63,201 in assets and a real address at 91 Mortimer Street, it’s a solo-founded operation managed by a single director and owner, Tuican George Daniel. The business operates an e-commerce site selling hot wax, rollers, and training materials, boasting a perfect 5.0 Google rating from five reviews. It’s also an irregular importer of electrical machinery and equipment, with just one month of import activity recorded as of November 2024.

The company’s website, Waxx Inn, positions itself as a provider of luxurious waxing products for both personal and professional use. From hot wax beads to training videos, it caters to salons and individuals seeking a premium waxing experience. The site emphasizes expert tips, smart rewards, and a loyalty program—hallmarks of a modern e-commerce business. It also has a strong social media presence, promoting its products and engaging with customers on Instagram.

Financially, Waxx Inn London Ltd shows a mixed picture. Current assets have increased by 73% to £63,000, while bank borrowings have decreased by 6.4% to £27,000. However, cash reserves have fallen by 34% to £17,000, and creditors have increased by 9.3% to £27,000. Loans from directors have increased significantly, by 500% to -£41,000. 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 stay agile, but the increase in loans raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

While the e-commerce side appears active and well-reviewed, the financial data suggests the company may be burning through cash. Whether this is typical startup turbulence or a longer-term challenge remains to be seen—but for now, Waxx Inn London Ltd is betting on its niche market and customer satisfaction to turn the tide.

Registered in England/Wales under the registration number 11760501, with a registered address at W1W 7SR, England, London, 91 Mortimer Street, Ground Floor.

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