Central City Spirits Ltd

Central City Spirits Ltd, based in London UK, is a small, active company founded five years ago in January 2020. With a single employee and £160,007 in assets, it’s a solo-founded operation managed by one director and owner. The company operates from a real address, 69 Swyncombe Avenue, and has two other companies registered at the same address. It's a regular importer of drinks, alcohol, and vinegar, with 53 months of import activity recorded, the latest in February 2025. The company has also dabbled in exporting iron or steel products, with just one month of export activity recorded in March 2024.

Central City Spirits Ltd operates in the agents involved in the sale of a variety of goods, the wholesale of fruit and vegetable juices, mineral water and soft drinks, and the wholesale of wine, beer, spirits and other alcoholic beverages industries. The company’s website is not available, so it’s difficult to determine if it’s an e-commerce business.

Financially, Central City Spirits Ltd shows some concerning trends. Net assets declined by 20%, settling at £49,000, while bank borrowings increased by 7.6% to £22,000. Cash reserves decreased by 45% to £3,700. Creditors also rose by 20% to £44,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the drop in equity suggests a need for careful financial management. With no auditor mentioned (likely exempt as a small company), the figures are based on unaudited statements.

The company's reliance on importing drinks and alcohol, alongside its limited export activity, indicates a focus on the UK market. The decline in cash reserves and the increase in creditors suggest the company may be burning through money, although it’s difficult to say for sure without more information. The lack of employees, combined with the solo founder status, suggests a lean operation, but it also raises questions about the company’s ability to scale.

Registered in England/Wales under the registration number 12415246, with a registered address at W5 4DR, England, London, 69 Swyncombe Avenue.

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