Alexander Wines Ltd.

Alexander Wines Ltd, based in Glasgow, UK, is a large holding company with an active status, established thirteen years ago. The company employs six people and holds assets totaling £689,417. It operates from a real address and is managed by two directors and one owner. Alexander Wines Ltd is a regular importer, having imported drinks, alcohol, and vinegar for 142 months, with the most recent import occurring in January 2025.

The company’s website, alexanderwines.co.uk, showcases a wholesale business specializing in wine, beer, spirits, and other alcoholic beverages. While it doesn’t appear to be an e-commerce site, it lists contact details and suggests a focus on B2B distribution rather than direct consumer sales. The website provides a professional image, reinforcing its position as a supplier to the hospitality and retail sectors.

Financially, Alexander Wines Ltd presents a mixed picture. While current assets remain relatively stable at £690,000, a slight decrease of 2.1% was observed. However, net assets have seen a significant jump, increasing by 58% to £260,000. Staff costs have risen by 4.3% to £210,000, and director remuneration has fallen dramatically, decreasing by 66% to £16,000. Bank borrowings have increased by 2,400% to £29,000, and cash reserves have fallen 23% to £140,000. Creditors have also decreased by 20%, suggesting improved debt management. The company’s large size (meeting two of three criteria for a large company) indicates a substantial operation. The financial statements were audited by Azets Audit Services.

The company’s increased net assets and decreased creditors suggest a period of financial stability, although the sharp rise in bank borrowings and decrease in cash reserves could indicate increased investment or operational expenses. The decline in director remuneration may be due to a restructuring or change in management compensation. Overall, Alexander Wines Ltd seems to be holding its own, but it’s worth monitoring its debt levels and cash flow in the coming months.

Registered in Scotland under the registration number SC418802, with a registered address at G72 0JY, Scotland, Glasgow, 32 Glasgow Road, Blantyre.

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