Cardiff Distillery Ltd

Cardiff Distillery Ltd from Cardiff, UK, is a small, active company founded six years ago in 2019. With ten employees and £365,919 in assets, it operates from a real address and is led by one director, though no owners are officially listed. The company regularly imports drinks, alcohol, and vinegar—five months worth—and exports these products irregularly, with just one month of export activity recorded.

The distillery’s website showcases a diverse range of services beyond its own distilling operations. Cardiff Distillery offers contract distilling, canning, bottling, and even whiskey ownership opportunities. It also provides product development services, catering to clients seeking to create their own spirits and beverages. The site highlights its expertise in mezcal and agave spirits, offering bespoke services for those looking to enter this growing market. It’s clear they are not just selling their own products but acting as a manufacturing partner for other brands.

Financially, Cardiff Distillery Ltd presents a mixed picture. While current assets have increased by 33% to £370,000, net assets have taken a significant hit, dropping 50% to £96,000. Cash reserves have also declined, falling 76% to just £15,000. Borrowings have increased substantially, jumping 330% to £73,000. Creditors have also risen significantly, increasing by 62% to £710,000. The company’s small size—meeting two of three conditions for being considered small—allows for agility, but the decline in equity is a cause for concern. The lack of an auditor mentioned suggests it's exempt from an audit as a small company, and the figures are unaudited. It's likely that the company is burning through cash as it invests in its services and expands its offerings, but it's hard to say if this is a sustainable strategy without more information.

Registered in England/Wales under the registration number 11896006, with a registered address at CF11 8JQ, Wales, Cardiff, Unit B6 West Point Industrial Estate, Penarth Road.

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