Alchemy Wines Limited

Alchemy Wines Ltd, based in Suffolk, UK, is a small, family-run business with an active status, celebrating 23 years since its founding. Employing just two people, the company holds £365,943 in assets and operates from a virtual address, a detail that is a little strange. It’s managed by three directors and owned by two individuals, with a real registered address at 22 Friars Street, Sudbury. The company regularly imports drinks, alcohol, and vinegar (for six months), and exports the same products (for five months).

The company's website reveals a complex operation beyond simple wine sales. While it offers retail opportunities, including private labeling and wholesale options, it also emphasizes its expertise in creating bespoke wines—a unique selling point. The site showcases collaborations with winemakers in Spain and France, alongside a focus on vintage vine collections and even a partnership with Burnley Football Club. It’s clear that Alchemy Wines isn't just selling bottles; it's offering a curated experience, with a focus on quality and customization.

Financially, Alchemy Wines presents a mixed picture. Cash reserves have seen a dramatic increase, soaring by 12,000% to £57,000—a very positive sign. However, net assets have decreased by 33%, settling at -£86,000. Creditors have increased significantly, rising by 59% to £290,000, and bank borrowings have fallen by 54% to £21,000. Trade debtors have also increased by 55%, which could be a sign of slower payments. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decrease in equity suggests a need for careful financial management. As a small company, it’s exempt from an audit, so the figures rely on unaudited statements.

Overall, Alchemy Wines appears to be navigating a period of change. The strong cash position is encouraging, but the rising debt and declining equity warrant close attention. The company’s unique approach to wine creation and its focus on bespoke services could be key to its long-term success, but it needs to manage its finances carefully to ensure stability.

Registered in England/Wales under the registration number 04341634, with a registered address at CO10 2AA, Suffolk, 22 Friars Street, Sudbury.

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