Cambridge Wine Merchants Ltd

Cambridge Wine Merchants Ltd, from Cambs UK, is a small, active company founded 32 years ago. It employs 38 people and holds £2,173,565 in assets, operating from a real address and managed by three directors and two owners. The company runs an e-commerce site and is a regular importer of drinks, alcohol, and vinegar, with 519 months of import activity recorded.

The company’s website, cambridgewineampthill, showcases a wide range of wines, beers, and spirits, offering case deals and special offers with free local delivery and national delivery available. It operates both online and with a physical store in Ampthill, offering a selection of wines from around the world, including case deals and craft beers. The website highlights its commitment to quality, competitive pricing, and customer service.

Financially, Cambridge Wine Merchants Ltd shows a mixed picture. Cash bank on hand increased significantly by 170% to £150,000, while bank borrowings decreased by 67% to £24,000. Current assets increased by 2.4% to £2,200,000, and net assets increased by 12% to £1,200,000. However, accrued liabilities deferred income increased by 2.6% to £24,000, and trade creditors increased by 8.9% to £610,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in trade creditors suggests a need to manage cash flow more closely. No auditor is mentioned, reflecting its status as a small, audit-exempt company. Overall, Cambridge Wine Merchants Ltd seems to be holding its own, but it will be interesting to see how it navigates the challenges of the current economic climate.

Registered in England/Wales under the registration number 02793727, with a registered address at CB4 3EU, Cambs, 46 Harvey Goodwin Avenue, Cambridge.

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