Consolidated Wines Limited

Consolidated Wines Limited, based in Ashford, UK, is a small, active company founded seven years ago. With just two employees and £3,804 in assets, it's a solo-founder operation led by a single director and owner, Murphy Andrew Gavin. The company regularly imports drinks, alcohol, and vinegar, with recent activity recorded in June 2024. It operates within the wholesale of wine, beer, spirits and other alcoholic beverages industries.

The company's website highlights a unique service: facilitating online wine sales for UK clients. It offers multichannel retail distribution, including a dedicated UK-based website channel management, and even targets on-trade opportunities, aiming to connect wineries with UK clients. The site emphasizes innovation in fine New World wines and offers a "farm to front door" approach, suggesting a focus on direct-to-consumer sales and a desire to streamline the import process. It also actively seeks to drive change and shape the future of the industry.

Financially, Consolidated Wines Limited presents a mixed picture. While bank borrowings decreased by 29%, cash reserves remained steady at £2,100. However, net assets declined significantly, dropping 70% to -£14,000. Creditors increased substantially, rising 110%, and other creditors jumped 650%, indicating potential cash flow pressures. The company's small size—meeting two of three criteria for being a small company—allows for agility, but the declining equity and rising liabilities suggest a need for careful management. The company is exempt from an audit, so the figures are unaudited.

The company's recent increase in other creditors suggests they may be relying on credit to keep operations running, and the lack of growth in cash reserves is a concern. It's possible that the company is experiencing growing pains as it expands its online sales and import activities, but careful monitoring of its financial position will be crucial for its long-term sustainability.

Registered in England/Wales under the registration number 11357947, with a registered address at TN25 6LZ, United Kingdom, Ashford, 2 Old Rectory Close, Mersham.

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