Banquist Ltd

Banquist Ltd from Hoddesdon UK: a small, active company founded five years ago, employs six people, and holds £1,701,432 in assets. It operates from a real address and is overseen by three directors and two owners. The company runs an e-commerce site and has a Google rating of 1.0 based on just one review. It’s a regular importer of drinks, alcohol, and vinegar, with 144 months of import activity recorded, the last in January 2025.

The company's website showcases a curated selection of wine and luxury kitchenware, partnering with Michelin Star chefs. It offers a wine subscription service and sells high-end kitchen tools, including Japanese knives and stoneware dinner sets. The site also features video guides and recipes, aiming to make Michelin-Star-quality cooking accessible to home cooks. It’s clear Banquist is targeting a niche market of affluent food enthusiasts.

Financially, Banquist Ltd presents a mixed picture. Creditors have increased significantly, jumping 450% to £830,000, while cash bank on hand remains steady at £1.1 million. However, equity has declined by 25%, dropping to -£700,000. Debtors have risen by 130%, which could be a sign of increased sales or a delay in customer payments. The company's small size (meeting two of three conditions for a small company) allows for flexibility, but the equity decline is a concern. The lack of an auditor mentioned suggests it’s exempt as a small company, relying on unaudited financial statements. The sharp increase in other taxation and social security payable by 2400% is also something to keep an eye on.

Registered in England/Wales under the registration number 12090778, with a registered address at EN11 8UR, Hoddesdon, Herts, 2 Tower House, Tower Centre.

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