Albany Vintners Limited

Albany Vintners Ltd from Great Shelford UK: a small company with an active status, was founded 21 years ago and employs seven people. It holds assets totaling £5,801,593 and operates from a real address, managed by three directors and one owner. The company regularly imports drinks, alcohol, and vinegar (105 months) and exports the same products (661 months).

The company’s website doesn’t offer much detail about its operations beyond its core business: acting as agents involved in the sale of food, beverages, and tobacco. There's no indication of e-commerce activity; it appears to function primarily as a wholesale or distribution business.

Financially, Albany Vintners Ltd presents a mixed picture. Current assets have decreased by 7.1% to £5,800,000, while net assets have fallen by 1.4% to £4,700,000. Bank borrowings have increased significantly, by 14%, reaching £840,000. Creditors have also decreased by 41%, which could indicate improved debt management. The company’s small size—meeting two of three conditions for being classified as small—helps maintain agility. Cash reserves have decreased by 13%, falling to £1,300,000. The lack of an auditor mentioned suggests the company is exempt under the small companies regime.

The company’s financial data reveals a decrease in accrued liabilities and deferred income, which could be a positive sign of better financial control. However, the increase in amounts owed by group undertakings suggests a reliance on inter-company financing. The significant drop in trade debtors—a 45% decrease—could be a result of more efficient collection practices or a shift in customer payment terms. Overall, while the company isn't in crisis, the declining assets and increasing debt warrant close monitoring.

Registered in England/Wales under the registration number 04808841, with a registered address at CB22 5NE, Great Shelford, Cambs, Vintners House, Station Court.

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