Condor Wines Ltd

Condor Wines Ltd, based in Oxon, UK, is a small, family-run business with an active trading status. Founded thirteen years ago in 2011, it employs five people and holds assets totaling £1,286,222. The company has a real registered address and is managed by two directors and two owners. Condor Wines is a regular importer of drinks, alcohol, and vinegar, with 186 months of import activity recorded, the last in February 2025.

The company specializes in importing wines from Argentina, Uruguay, and Chile, as highlighted on its website. Condor Wines positions itself as an independent specialist importer, catering to a discerning clientele seeking high-quality South American wines. The website showcases a diverse selection of wines, emphasizing the expertise and passion behind each bottle. It’s a niche market, and they are clearly trying to establish themselves as a go-to source for these specific wines.

Financially, Condor Wines Ltd presents a mixed picture. Current assets have decreased by 20% to £1,300,000, while net assets have increased by 17% to £250,000. Bank borrowings have dramatically reduced by 91%, falling to just £26,000, and cash reserves have surged by 110% to £41,000. Creditors have also decreased by 29%, suggesting improved debt management. The company meets two of the three criteria to be considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), which helps keep overheads low. The significant increase in cash reserves is a positive sign, indicating improved cash flow management, though the decrease in trade debtors could mean slower payments from customers. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited.

Overall, Condor Wines Ltd appears to be in a relatively healthy position, benefiting from a focused business model and improved financial management. The decrease in bank borrowings and increase in cash reserves are particularly encouraging, suggesting the company is becoming more financially resilient.

Registered in England/Wales under the registration number 07670221, with a registered address at OX9 2FX, England, Oxon, Oxfordshire, 16 Henge Court Thame.

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