Distill Ventures (london) Ltd

Distill Ventures London Ltd is a small holding company based in London, UK, with an active status. Founded five years ago in June 2019, it employs nineteen people and holds assets worth £7,980,919. The company has two directors and one owner, and operates from a real address at 22 Newman Street. It’s an irregular importer, primarily dealing with wood and wood products, with the last import operation occurring in November 2023.

The company functions as a holding company, investing in and supporting early-stage drinks brands. Its website highlights a focus on providing funding, expertise, and a global network to visionary founders. Distill Ventures actively seeks to partner with founders, shaping their vision and providing tailored support. It has invested in over thirty founder-led brands, with a focus on both spirited and non-alcoholic beverages. The website showcases a portfolio of brands and emphasizes its commitment to fostering innovation in the drinks industry.

Financially, Distill Ventures London Ltd presents a mixed picture. Creditors have increased significantly, rising by 92% to £7.3 million, while debtors have surged by 210% to £5.9 million. Cash reserves, however, have grown by 13% to £2.1 million. Net assets have increased by 29% to £2.1 million. Bank borrowings have decreased by 73%, and the company’s equity has grown by 29% to £2.1 million. Despite a decrease in average employees (down 11% to seventeen), the company’s turnover remains undisclosed, but it meets the criteria for a small company with assets under £5.1 million and fewer than fifty employees. The company’s accounts are unaudited, and it’s likely exempt from an audit due to its small size. The increase in creditors, however, suggests a need for careful cash flow management, and the decrease in bank borrowings is a positive sign.

Registered in England/Wales under the registration number 12043104, with a registered address at W1T 1PH, England, London, 2nd Floor 22 Newman Street.

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