Cambridge Distillery Ltd

Cambridge Distillery Ltd is a small, family-run business based in Cambridge, UK, with an active status. Founded thirteen years ago in 2011, it employs thirty-one people and holds £1,742,121 in assets. The company operates from a real address and is managed by three directors and two owners. Cambridge Distillery is an irregular importer of glass and glassware, with just one month of import activity recorded in 2022, but a regular exporter of drinks, alcohol, and vinegar, with eight months of export activity also in 2022.

The company's website showcases a dedication to creating "outstanding gins," offering a range of products from the "Cambridge Distillery Collection" to limited-edition releases. It also runs gin-making experiences, both in-person at its Cambridge distillery and online, and even offers bespoke tailoring of gin blends. The site’s design is modern and visually appealing, with high-quality photography and a focus on the craftsmanship behind each bottle. It’s clear the company is targeting a premium market, emphasizing quality and innovation.

Financially, Cambridge Distillery Ltd presents a mixed picture. Current assets have declined by 25%, dropping to £1,700,000, while net assets have fallen 7.7% to -£5,700,000. Bank borrowings have remained steady at £1,400,000, and cash reserves have plummeted 61%, leaving just £190,000. Creditors have also decreased by 34%, suggesting improvements in managing short-term debts. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant equity loss raises concerns. With no auditor mentioned, the financial statements are unaudited.

The decrease in cash reserves, coupled with the negative equity, suggests the company may be burning through money. However, the continued export activity and focus on premium products indicate a commitment to growth. It's possible the company is investing heavily in marketing or new product development, which could explain the short-term financial strain.

Registered in England/Wales under the registration number 07688037, with a registered address at CB3 9NF, England, Cambridge, Cambridge Distillery 20 High Street, Grantchester.

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