Cellar Door Wines Limited

Cellar Door Wines Limited, based in St Albans, UK, is a small, active company established 22 years ago. Employing just six people, it holds £123,030 in assets and operates from a real address. With two directors and a single owner, Lilliott Peter Neal, the company runs an e-commerce site and enjoys a stellar 5.0 Google rating based on 71 reviews. It’s an irregular importer, primarily dealing in drinks, alcohol, and vinegar, with the last import operation occurring over a year ago in February 1999.

The company’s website showcases a vast selection of wines from around the globe, categorized by country, style, grape, and region. It’s a comprehensive online wine shop, offering everything from crisp whites to bold reds, sparkling wines to fortified wines, and even sake and craft spirits. The site also features a wine club, gift ideas, and even a wine tasting section. They also have a section for Japanese sake and South African wines.

Financially, Cellar Door Wines Limited presents a mixed picture. While current assets increased by 19% to £120,000, net assets declined by 3.8% to -£150,000. Bank borrowings have dramatically decreased by 95% to just £850, a positive sign, but cash reserves remain low at £9. Trade debtors have risen by 75% to £45,000, which could indicate issues with customer payments. Creditors have also decreased by 67% to £85,000. The company's small size—meeting two of three criteria for being a small company—helps it remain agile, but the decline in equity is a concern. The accounts are unaudited, as is typical for small companies, and no auditor is listed.

The company's reliance on e-commerce and its strong online reputation suggest a focus on digital sales, but the financial data indicates a need for careful management. The drop in net assets, while not catastrophic, warrants attention, and the rise in trade debtors could signal challenges in collecting payments. It’s likely the company is burning through money, but it’s also possible that the increase in trade debtors is a temporary blip.

Registered in England/Wales under the registration number 04648547, with a registered address at AL1 1JB, St Albans, Hertfordshire, Unit 1 Verulam Industrial Estate, London Road.

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