Annessa Imports Limited

Annessa Imports Ltd, based in London Colney, UK, is a medium-sized holding company with an active status, having operated for 32 years. The company employs 53 people and holds assets worth £5,535,269, generating a yearly revenue of £15,606,246. While it has a registered address, 171 other companies are also registered there, suggesting a virtual address. Seven directors and one owner manage the business, which has a stellar 5.0 Google rating based on 45 reviews. They’re regular importers of drinks, alcohol, and vinegar, with 518 months of import activity recorded.

The company’s website isn’t available for review, so it’s difficult to determine if they operate an e-commerce platform. However, their core business appears to be wholesale distribution of alcoholic beverages and related products.

Financially, Annessa Imports Ltd presents a mixed picture. While turnover remained stable at £15,606,246, net assets decreased by 10%, dropping to £2,600,000. Bank borrowings increased by 30%, reaching £100,000, and cash reserves fell 20% to £1,200,000. Creditors also increased by 15%, reaching £800,000. The company’s medium size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and fewer than 250 employees) allows for some flexibility, but the decrease in net assets and increase in debt warrants attention. The company’s auditor, Newman Morris Limited, conducted an audit, and the financial statements are available for review.

Overall, Annessa Imports Ltd appears to be a well-established importer with a strong reputation, but the recent financial trends suggest it's facing some challenges. The company's ability to maintain its market position will depend on its ability to manage its debt and improve its profitability.

Registered in England/Wales under the registration number 02747288, with a registered address at S81 7QF, United Kingdom, Worksop, Nottinghamshire, Enterprise House, Carlton Road.

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