Drinks Direct Limited

Drinks Direct Ltd, based in Bradford, UK, is a small, family-run business with an active status, celebrating 20 years since its founding. Employing ten people and holding assets of £928,417, the company operates from a real address and is managed by three directors and two owners. Its e-commerce site allows it to reach a wide customer base.

The company specializes in the wholesale and retail of wine, champagne, spirits, and gifts, offering a vast selection of brands and categories. Its website showcases a comprehensive range of products, from whisky and gin to port and liqueurs, catering to both individual consumers and corporate events. It also has a section for barware and accessories, as well as a "mix inspiration" area with cocktail ideas. The site even offers trade pricing for bars, pubs, and restaurants.

Financially, Drinks Direct Ltd shows some concerning trends. While current assets remain relatively stable at £930,000, equity has declined by 4.1% to £720,000. Bank borrowings have increased significantly by 18% to £13,000, and cash reserves have fallen by 2.9% to £700,000. Creditors have also decreased by 21% to £110,000. 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 it to remain flexible, but the drop in equity could signal challenges. No auditor is mentioned, which is common for small companies. Overall, Drinks Direct Ltd seems to be holding its own, but the financial data suggests a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 05131826, with a registered address at BD4 8TQ, Bradford, West Yorkshire, Unit 6 Rowan Trade Park, Neville Road.

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