71 Brewing Limited

71 Brewing Limited, based in Dundee, UK, is a small, active company founded nine years ago in 2015. With 16 employees and £827,409 in assets, it operates from a real address and is overseen by eight directors, though no owners are officially listed. The company runs an e-commerce site and is a regular exporter of drinks, alcohol, and vinegar, with seven months of export activity recorded, the latest in September 2023. It also imports miscellaneous food products, though irregularly, with the last import operation dating back to April 2022.

The company’s website, Fountainhall Wines, showcases a diverse range of wines, beers, spirits, and related gift items, available for delivery within a 15-mile radius of its Aberdeen and Stonehaven shops, or nationwide via DHL Express. The site highlights a family-run business with a long history, dating back to 2010, and a focus on providing excellent customer service and knowledgeable staff. It even offers glass hire, wedding services, and corporate event supplies.

Financially, 71 Brewing Limited's recent accounts show a mixed picture. Cash reserves fell significantly by 80% to £38,000, while bank borrowings increased by 40% to £3,200. Creditors also rose substantially by 63% to £630,000. Net assets plummeted by 40% to £270,000, and net current assets decreased by 56% to £190,000. Trade debtors increased by 21% to £330,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no mention of an auditor, which is typical for small, exempt companies.

Despite these financial pressures, 71 Brewing Limited seems to be maintaining a steady business, offering a wide range of products and services through its online platform and physical shops. It’s clear that the company is navigating the challenges of a competitive market, but its focus on customer service and family ownership could prove to be a key differentiator.

Registered in Scotland under the registration number SC509679, with a registered address at DD1 5HZ, Scotland, Dundee, 36-40 Bellfield Street.

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