99w Wines Ltd.

99W Wines Ltd is a small, active company based in Bristol, UK, founded five years ago in 2019. With a real registered address and just one employee, the company holds £40,803 in assets and is led by a single director and owner, Brassington Jonathan Mark. It's a solo founder operation. The company imports drinks, alcohol, and vinegar, though activity has been irregular, with just two months of imports recorded, the last in September 2023.

The company’s website showcases a focus on Oregon fine wines, positioning itself as the leading specialist importer of these wines in the UK. It emphasizes personal relationships with winemakers and a commitment to showcasing Oregon’s diverse range of varietals, from Pinot Noir to Riesling. The site highlights the winemakers’ focus on sustainability and environmental stewardship, with many employing organic and biodynamic practices. The name, 99W, is inspired by Highway 99W which runs through the heart of Oregon’s Willamette Valley.

Financially, 99W Wines Ltd presents a mixed picture. Cash bank on hand has fallen by a significant 41% to £4,300, while creditors have increased by 49% to £52,000. Trade debtors have also risen sharply, up 230% to £4,700. Equity, however, has declined further, now at -£11,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the financial statements are unaudited.

The increase in creditors and decrease in cash suggest the company may be burning through money, perhaps investing in inventory or expanding its operations. However, the rise in trade debtors could indicate delayed customer payments, which could be a temporary setback. While the company seems to be focused on its niche market of Oregon wines, the financial figures raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 12238592, with a registered address at BS1 6JN, United Kingdom, Bristol, 8 Merchants Row, Caledonian Road.

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