Connolly's (wine Merchants) Limited

Connolly S Wine Merchants Ltd, based in Snow Hill, UK, is a small holding company with an active status, celebrating 48 years since its founding in 1976. The company employs just three people and holds £475,089 in assets, operating from a real address in Birmingham. It's managed by three directors and owned by one individual, and boasts a thriving e-commerce site with a stellar 5.0 Google rating based on 40 reviews. Connolly’s regularly imports drinks, alcohol, and vinegar, with its last import operation recorded eight months ago in February 2022.

The company’s website showcases a wide selection of wines, champagnes, and spirits, categorized by country, price, and type. It also features a subscription wine club and a bin ends section, catering to diverse customer preferences. The website even highlights a partnership with Graham's Port Bonds, indicating a focus on premium offerings. A section dedicated to producers, like Woodchester Valley and Bodega Los Haroldos, further emphasizes the company’s commitment to quality and sourcing.

Financially, Connolly’s shows a mixed picture. Current assets have decreased by 9.3% to £480,000, while net losses have increased by 76% to -£40,000. Bank borrowings have risen significantly, and cash reserves have fallen by 35% to £95,000. Trade debtors have increased by 16%, suggesting a possible shift in payment terms. Despite being a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the increased losses and reduced cash reserves raise concerns. The company’s accounts are unaudited, likely due to its small size, and rely on director-reported data. The accounts show a decrease in deferred tax assets, but this is likely due to changes in tax legislation. The company has elected not to include a copy of the profit and loss account within the financial statements.

Registered in England/Wales under the registration number 01287963, with a registered address at B3 1EU, Snow Hill, Birmingham., Arch 13, 220 Livery Street.

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