Cask Industries Ltd
- Active
- Medium
- Holding
- 8 years
- 9 employees
- £9,952,000 (cur assets)
- £15,809,000 (revenue)
- 15m-54m
- Irregular importer
- Regular exporter
- Virtual address
- 3 directors
- 1 owner
- London
Two conditions of three:
1.Turnover < £36 million
2.Balance sheet total < £18 million
3.Average number of employees < 250
Field of Operation
Website
Social media
Summary
Cask Industries Ltd is a large, holding company based in London, UK, with an active status. Established seven years ago in 2018, it operates from a virtual address, a fact highlighted by the presence of thirty-one companies registered at the same location. The company is managed by four directors and has one owner, though the list of owners changed two years ago. Cask Industries is a regular exporter of drinks, alcohol, and vinegar (for ten months), but an irregular importer (just one month).
The company's website, Cask Home, suggests a focus on legal drinking age verification and brand promotion. It includes sections for "About Us," "Our Brands," and "Contact," as well as a "Cask Shop" with a sign-up for a newsletter offering a 10% discount. The site’s presence indicates a retail or wholesale focus, with an emphasis on marketing and customer acquisition.
Financially, Cask Industries Ltd presents a mixed picture. While turnover increased by a substantial 43% to £25 million, comprehensive income decreased significantly to just £53,000. Cash bank on hand plummeted 71% to £390,000, and bank loans surged by an eye-watering 1300% to £330,000. Creditors also rose significantly, up 180% to £6.5 million. The company’s administrative expenses increased dramatically, by 130% to £2.9 million. Despite these challenges, trade debtors decreased by 24% to £1.4 million, suggesting improved collection practices. The company’s audit firm is Anstey Bond LLP.
These trends could be attributed to several factors, such as increased marketing spend, supply chain disruptions, or changing consumer preferences. The surge in borrowing suggests a need for capital to fund growth or cover operating losses. The company’s large size (meeting two of three criteria for a large company) and its holding company structure could provide stability, but the financial pressures warrant close monitoring.
Registered in England/Wales under the registration number 11178064, with a registered address at WC1B 4JP, England, London, 44 Russell Square.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Corporate
- 3 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 2 years
- 1
-
Resident of United Kingdom
-
Individual
- 3 years
- 4
-
Resident of United Kingdom
-
Individual
- 8 years
- 34
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
-
Confirmation statement made on 2026-01-29 with updatesDownload 4 pages pdf report
-
Accounts for a medium company made up to 2024-12-31Download 24 pages pdf report
-
Termination of appointment of Gail Bamforth as a director on 2025-05-01Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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Exporter profile by HS codes
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Last exported products
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