Croatian Fine Wines Limited

Croatian Fine Wines Ltd, based in Northwich, UK, is a small holding company with an active status, established 14 years ago. It employs just one person and holds £65,952 in assets. The company has two directors and one owner, and boasts a perfect 5.0 Google rating based on a single review. It's an irregular importer of drinks, alcohol, and vinegar, with the last import activity recorded 14 months ago in December 2022.

The company’s website, while transitioning to become a brand of Novel Wines, highlights its focus on bringing Croatian wines to the UK market. It’s a brand of Novel Wines, and the website is closing soon. The company operates a warehouse in Bath and delivers via national couriers, with collection of large orders possible. The website emphasizes its commitment to showcasing Croatian wines, alongside those from Slovenia and Bosnia, and even has a showroom in Harrods, London.

Financially, Croatian Fine Wines Ltd presents a mixed picture. Current assets have decreased by 27%, dropping to £66,000, while net assets have also fallen, though only slightly, to -£250,000. Cash reserves have suffered a significant 78% decline, sitting at just £2,000. Trade debtors have risen substantially, increasing by 55%, suggesting a possible reliance on customer payments. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible. As a small company, it is exempt from an audit, and the figures are unaudited.

The company’s financial data reveals a concerning trend of decreasing assets and cash reserves, suggesting it may be burning through money. While the brand is transitioning and the website is closing, it’s unclear if the business is financially healthy.

Registered in England/Wales under the registration number 07497290, with a registered address at CW8 4DU, Northwich, Cheshire, Winnington Hall Winnington Lane, Winnington.

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