Defined Wine Ltd

Defined Wine Ltd, based in Canterbury, UK, is a small, active company founded six years ago. With 24 employees and £2,117,758 in assets, it’s a significant player in its niche. The company, boasting a stellar 5.0 Google rating from 15 reviews, operates from a real address and is led by six directors and one owner. It regularly imports iron or steel products, with activity recorded over the past 24 months.

The company’s core business revolves around contract winemaking – essentially, providing winemaking services for other brands without owning vineyards or selling under its own label. Its website highlights a range of services, including lab analysis and cleaning, catering to businesses seeking expert winemaking support. The site also mentions partnerships and a focus on sustainable cleaning products, suggesting a commitment to environmentally friendly practices.

Financially, Defined Wine Ltd shows a mixed picture. Cash bank holdings have increased dramatically, surging 1,700% to £240,000, a very positive sign. However, creditors have also risen, increasing by 22% to £1.1 million. Trade debtors have increased substantially, by 130% to £1.2 million, which could indicate challenges in collecting payments. On the positive side, net assets have increased by 52% to £1.1 million, and equity has increased by 290% to £2.7 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt warrants attention. The company is exempt from an audit, so the figures are unaudited.

The company’s growth in assets and equity suggests a period of expansion, but the rising debt levels and increase in debtors may be a cause for concern. It's likely the company is investing in its operations, but careful management of cash flow will be crucial for sustained success.

Registered in England/Wales under the registration number 11696052, with a registered address at CT4 5HL, England, Canterbury, Unit B Highland Court Farm Coldharbour Lane, Patrixbourne.

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