Bodegare Ltd

Bodegare Ltd from London UK: a small, active company founded five years ago, employs three people, and holds £16,453 in assets. It's a real address with one director and one owner, and operates an e-commerce site. The company regularly imports drinks, alcohol, and vinegar—three months of import activity were recorded, the last in July 2022.

The company’s website, Bodegare Buy Spanish Wine Online UK, showcases a curated selection of Spanish wines, ranging from the Edulis Crianza to the Amillo Vermut Jerez Reserva. It’s a real focus on Rioja wines, with detailed descriptions and tasting notes for each bottle. The site also features a section on olive oil and a blog with articles about Spanish wines and culture. It’s clear that Bodegare Ltd is positioning itself as a specialist importer and retailer of premium Spanish wines.

Financially, Bodegare Ltd’s numbers paint a mixed picture. Current assets have decreased by a significant 64%, dropping to £16,000, while net assets have fallen 38% to -£190,000. Bank borrowings have decreased by 2.3% to £5,200, and cash reserves have increased by a surprising 680% to £5,900. Trade creditors have also decreased by 66%, suggesting better management of short-term debt. The company’s small size (meeting two of three conditions for being classified as small) helps it remain flexible, but the decline in equity is concerning. No auditor is mentioned, likely due to its small company status.

The company's significant losses, and the large amount owed to directors, suggest it's burning through cash. While the website and product selection are well-presented, the financial data indicates a company struggling to achieve profitability. It's a real challenge for a small importer, and it remains to be seen if Bodegare Ltd can turn things around.

Registered in England/Wales under the registration number 12211110, with a registered address at N7 6AT, England, London, Ground Floor, 11 Hercules Street.

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