Benchmark Drinks Services Limited

Benchmark Drinks Services Limited, based in Steyning, UK, is a small holding company with an active status. Founded five years ago in September 2019, it employs just two people and holds £89,214 in assets. The company operates from a virtual address—where 181 other companies are registered—and is overseen by one director and one owner. It has a Google rating of 3.0 based on five reviews. The company irregularly exports paper and paperboard products, with the last export operation recorded a while ago in February 2022.

The company's website, while not providing extensive details, suggests it operates in the retail sale via mail order houses or via internet industries. It's a relatively small operation, meeting two of the three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Benchmark Drinks Services Limited presents a mixed picture. Current assets have decreased significantly, falling 45% to £89,000. Bank borrowings have increased, and cash reserves have also declined by 16%, leaving just £16,000. Creditors have also decreased, which is a positive sign. Trade debtors have fallen quite a bit, too. The company’s equity is negative, sitting at -£280,000, a 12% increase from the previous year. The lack of an auditor mentioned—likely due to its small size—means the financial statements are unaudited.

While the company's holding status and relatively stable director structure suggest some level of organization, the declining assets and negative equity raise concerns. It's possible the company is burning through cash to fund its operations, or that it's facing increased competition in the online retail space. The fact that it's a holding company—and linked to Benchmark Drinks Ltd—suggests it may be supporting other ventures, which could be contributing to its financial strain.

Registered in England/Wales under the registration number 12206180, 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.