Drink Warehouse Uk Limited

Drink Warehouse UK Ltd, based in Minster, UK, is a holding company with an active status, established fifteen years ago. The company employs eighty-four people and holds assets valued at £5,137,164. It operates from a real address and is overseen by two directors and three owners. A key feature is its e-commerce site, complemented by a 4.0 Google rating based on thirty-two reviews. The company is a regular importer of drinks, alcohol, and vinegar, with a history of importing for 135 months, the last operation occurring in January 1925.

Drink Warehouse UK Wholesale Alcohol Distribution operates as an independent wholesaler, delivering seven days a week throughout South East England. It caters to pubs, bars, and restaurants, providing a wide range of products from beer and wine to spirits, soft drinks, and bar essentials. The website showcases a comprehensive catalog, divided into categories like Draughts, Packaged Wine, Spirits, Soft Drinks, and Confectionery. It even offers bespoke wine solutions and highlights its commitment to customer service, including daily deliveries and dedicated account managers. The site also features a blog with articles on industry trends and sales strategies.

Financially, Drink Warehouse UK Ltd presents a mixed picture. While current assets increased by 20%, net assets decreased by 57%, indicating a significant reduction in equity. Bank borrowings decreased by 36%, while cash reserves increased by 100%, suggesting improved liquidity. Creditors increased by 8.3%, and trade debtors increased by 25%. The company’s net loss deepened by 310%, and the lack of an auditor (likely exempt due to its size) means the figures are unaudited.

The company's increased reliance on bank borrowings and the significant decrease in equity, despite increased assets, suggests it may be burning through cash. However, the growth in trade debtors could indicate expanding sales, and the increased cash reserves offer some breathing room. The company’s focus on innovation and leadership within its sector, as highlighted on its website, could be a key factor in its future success, although it’s clear that it is facing financial pressures.

Registered in England/Wales under the registration number 07166396, with a registered address at CT12 5FE, United Kingdom, Minster, Kent, Unit 2a & 2b Sapphire House, Sapphire Way.

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