Cranville Wine Racks Limited

Cranville Wine Racks Ltd from Bedford UK is a small, active company founded ten years ago. With five employees and £118,142 in assets, this family business operates from a real address and is led by three directors and two owners. The company runs an e-commerce site, specializing in wine rack design and manufacturing.

The website showcases a wide range of wine storage solutions, from classic wooden and metal racks to bespoke systems. Cranville Wine Racks manufactures, wholesales, and retails wine racks and storage systems, offering both standard and custom-made options. The site highlights UK manufacturing, high-quality materials, and fast dispatch—a 24-hour service for standard products. Popular items include various bottle racks, wine cube kits, and wall-mounted options, catering to both home and business customers.

Financially, Cranville Wine Racks Ltd shows a mixed picture. Current assets increased by 21%, reaching £120,000, while net assets decreased significantly by 91%, settling at just £2,600. Bank borrowings increased by 270%, reaching £42,000, and cash reserves increased by 220%, reaching £1,100. Creditors increased by 58%, reaching £130,000. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

The sharp decline in equity suggests a challenging year, possibly due to increased borrowing or investment in inventory. However, the increase in cash reserves and improved asset management indicate a focus on stability. While the business appears to be holding its own, the financial data raises questions about its long-term sustainability.

Registered in England/Wales under the registration number 09006861, with a registered address at MK43 8TB, Bedford, Bedfordshire, Cranville Wine Racks Unit B Firs Farm, Stagsden West End.

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