Digby Wine Ltd

Digby Wine Ltd from Arundel, UK, is a small holding company with an active status, established thirteen years ago in 2012. Employing seven people and holding assets of £2,927,983, the company operates from a real address and is overseen by five directors and a single owner. It boasts a stellar 5.0 Google rating based on thirty-four reviews. The company irregularly imports iron or steel products (one month of imports recorded) and exports drinks, alcohol, and vinegar (also one month of exports).

Digby Wine Ltd operates within the wine and spirits industry, manufacturing wine and wholesaleing alcoholic beverages. Its website is minimal, lacking e-commerce functionality, and primarily serves as an informational portal. The company’s branding suggests a focus on fine wines, and it appears to be a supplier rather than a direct-to-consumer retailer.

Financially, Digby Wine Ltd presents a mixed picture. While current assets increased by 9.6% to £2,900,000, net assets declined by 12% to -£1,600,000. Bank borrowings have increased significantly, rising by 12% to £2,800,000, and cash reserves fell by 8% to £35,000. Creditors also increased by 7.8% to £2,900,000. The company’s size qualifies it as small, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. The decrease in equity, however, is concerning, suggesting potential financial pressures. With no auditor mentioned, the figures are unaudited.

The company's irregular import and export activity suggests a specialized role within the supply chain, perhaps acting as a distributor or importer for specific products. The increase in bank borrowings could indicate investment in inventory or expansion, but the decline in cash reserves warrants closer attention.

Registered in England/Wales under the registration number 08020752, with a registered address at BN18 9AJ, England, Arundel, West Sussex, 55-57 High Street.

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