Brave New Spirits Ltd

Brave New Spirits Ltd from Gloucester UK is a large company with an active status, founded four years ago. Boasting five employees and yearly revenue of £17,587,008, it operates from a real address and is managed by one director and two owners. The company regularly imports glass and glassware (for eight months) and exports drinks, alcohol, and vinegar (for sixty-three months).

The company is a passionate whisky maker, and its website showcases a range of brands, including WhiskyHeroes, Cask Masters, and Whisky of Voodoo. It’s not an e-commerce site in the traditional sense; instead, visitors are prompted to verify their age before browsing. The site heavily promotes its awards and recognition, highlighting wins at the World Whiskies Awards and Spirits Business Awards. It also features a "Volume Supply" section, indicating services like bottling, labeling, and cask splitting, suggesting a B2B component alongside its consumer-facing whisky brands. News updates detail ongoing successes, including collaborations and new product releases.

Financially, Brave New Spirits Ltd shows a mixed picture. Accrued liabilities and deferred income have surged, increasing by 1200%, while administrative expenses have more than doubled. Bank borrowings have also increased significantly, rising by 1300%. However, cash and cash equivalents have decreased by 61%. Despite these challenges, the company’s turnover remains substantial, and it continues to expand its product range and secure awards. The company's net debt funds have increased by 75%, suggesting a reliance on borrowing to fund its operations. The company's auditor is Gillespie and Anderson.

The company’s substantial revenue and expansion into services like bottling and labeling indicate a growing business. The increase in borrowing and decrease in cash reserves, however, suggest a need for careful financial management. It’s clear that Brave New Spirits Ltd is a dynamic player in the spirits industry, but its financial health warrants close monitoring.

Registered in England/Wales under the registration number 12802464, with a registered address at GL4 3HX, England, Gloucester, Unit 254, Corinium House Barnwood Point Business Park, Corinium Avenue.

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