Damm 1876 Ltd

Damm 1876 Ltd, based in Southwark, UK, is a sizable company operating as a holding company with an active status. Incorporated fourteen years ago in May 2010, it employs forty-one people and boasts assets totaling £35,204,305. With six directors and a single owner, the company regularly imports drinks, alcohol, and vinegar (spanning 133 months) and exports machinery, boilers, and mechanical appliances (for three months). It’s a real address, with only one other company registered there.

The company’s website, damm.com, showcases a focus on beer production, distribution, and marketing, alongside a strong emphasis on innovation and sustainability. Recent news highlights include participation in the Sant Jordi Musical festival, the launch of a new pickleball circuit sponsored by Cervezas Victoria, and a partnership with the Cambra de Comer de Barcelona. The website also features a section dedicated to VollDamm, a popular beer brand, and showcases recent campaigns starring well-known actors. The site’s content suggests a focus on brand building and community engagement.

Financially, Damm 1876 Ltd’s numbers present a mixed picture. While turnover increased by a substantial 180%, net assets declined by 41% to £13 million. Bank borrowings surged by a staggering 2300%, reaching £29 million, while cash reserves fell 30% to £3.6 million. Creditors decreased by 18%, which is a good sign. The company’s size (meeting two of three criteria for a large company) means it’s subject to more scrutiny, but the significant equity drop raises concerns. Ballards LLP conducted the audit, and the report was signed on May 9th. The company’s focus on both traditional beer production and modern marketing strategies, alongside the financial pressures, suggests a period of transition and adaptation. It’s clear that Damm 1876 Ltd is working hard to maintain its position in a competitive market, but the financial data suggests some challenges ahead.

Registered in England/Wales under the registration number 07243661, with a registered address at SE1 0UH, England, Southwark, London, Prager Metis Llp, 5a Bear Lane.

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