Central Belt Cooperage Ltd

Central Belt Cooperage Ltd, based in Glasgow, UK, is a small, active holding company established two years ago. With six employees and £1,084,598 in assets, it operates from a virtual address shared by ninety-five other companies, raising some concerns. The company is overseen by one director and one owner, although the owner list may not be exhaustive. It’s a bit irregular, importing machinery, boilers, and mechanical appliances parts for one month, and exporting furniture, lighting, and prefabricated buildings for one month.

The company's website, albacooperage.co.uk, reveals a passion for traditional craftsmanship. Alba Cooperage specializes in repairing, maintaining, and restoring wooden casks—the vessels that give Scotch whisky its unique character. They source barrels with meticulous care, focusing on traceability and freshness, and cater to both distillers and whisky collectors. The site highlights a growing team of artisans and encourages visitors to connect.

Financially, Central Belt Cooperage Ltd presents a mixed picture. While current assets remain stable at £1,100,000, net assets are negative at -£78,000. Bank borrowings are stable, and cash reserves are also steady at £170,000. Creditors remain at £810,000, and trade debtors are at £830,000. The company’s small size—meeting two of three criteria for a small company—helps with agility, but the negative equity is a cause for concern. There’s no mention of an auditor, which is expected for a small, exempt company. The company’s financial instruments are stable.

The business seems to be holding steady, but the negative equity suggests it’s burning through money. The focus on traditional cask craftsmanship, however, provides a solid foundation for future growth, if they can manage their finances effectively.

Registered in Scotland under the registration number SC745854, with a registered address at G3 7TZ, Scotland, Glasgow, 1037 Sauchiehall Street.

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