LUXUS LIMITED
Company number 00834329 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
Risk Rating: MEDIUM
Luxus Limited is solvent on a balance-sheet basis, with net assets of £7.3m and no evidence of filing defaults or insolvency proceedings. However, the 2024 results show a return to a pre-tax loss, lower revenue, and a significant reduction in cash. The combination of deteriorating profitability and reduced liquidity, set against a challenging market backdrop, supports a medium risk rating rather than low.
Key Concerns
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Profitability has reversed
Turnover fell from £36.6m to £30.6m in 2024, a reduction of approximately 16%. The company moved from a pre-tax profit of £0.51m in 2023 to a pre-tax loss of £0.51m in 2024. Gross margin improved to 22.9%, but that improvement was not sufficient to offset the revenue decline. If the loss proves recurring, it will begin to erode the current equity cushion. -
Cash position has weakened materially