Benchmark Drinks Ltd

Benchmark Drinks Ltd, based in Steyning, UK, is a holding company with an active status. Founded seven years ago in 2018, the company employs fourteen people and holds assets totaling £9,464,774. It operates from a virtual address, registered with 181 other companies, and is managed by four directors and one owner. Benchmark Drinks is a regular importer and exporter of drinks, alcohol, and vinegar, with 205 months of import activity and 75 months of export activity recorded.

The company's website paints a picture of a dynamic distributor and brand developer, led by Managing Director Paul Schaafsma. Benchmark Drinks focuses on premium award-winning brands, both from the Old World and New World, with a particular emphasis on mainstream premium offerings. Notably, it's also a leader in the non-alcoholic market, with Kylie Minogue's 0 Sparkling Ros being the UK's number one branded premium 0 Sparkling. The website showcases a portfolio of brands, including Kylie Minogue Wines, Gordon Ramsay Wines, and Graham Norton’s Own, and highlights the company's growth and innovation.

Financially, Benchmark Drinks Ltd shows a mixed picture. While net assets increased by 32% to £2,000,000, cash reserves declined by 19% to £1,200,000. Bank borrowings decreased by 33% to £760,000, which is a positive sign. However, administrative expenses increased by 11%, and net losses deepened. The company’s average number of employees increased by 14%, suggesting growth, but also potentially increased operating costs. Creditors decreased by 21%, indicating better debt management. The company’s accounts are unaudited, and the auditor is TC Group.

The trends suggest Benchmark Drinks Ltd is navigating a period of growth and change. The decrease in cash reserves and increased losses, however, could indicate that the company is reinvesting heavily in its brands and operations. The reliance on a virtual address, while common, also raises questions about the company's physical presence and operational efficiency.

Registered in England/Wales under the registration number 11164581, with a registered address at BN44 3TN, United Kingdom, Steyning, West Sussex, The Courtyard Shoreham Road, Upper Beeding.

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