Drinksupermarket.com Limited

Drinksupermarket Com Ltd, based in London, UK, is a small, holding company with an active status. Established eighteen years ago in 2007, it employs eleven people and holds £769,303 in assets. The company operates from a real address at NW10 7LQ and is managed by three directors and one owner. Its core business revolves around an e-commerce site selling wine, beer, and spirits online. Google users have rated it 3.0 based on 157 reviews, which isn’s exactly glowing.

The website is clearly focused on online sales, with a strong emphasis on convenience and a wide selection of products. It offers free UK mainland delivery over £99 and boasts a range of services, including a party planner, trade account options, and even an engraving service for gifts. The site is packed with categories, from whisky and wine to beer and spirits, with a dedicated section for big miniatures and gifts—a clear strategy to cater to various customer needs. It's a lot to take in, really.

Financially, Drinksupermarket Com Ltd presents a mixed picture. While current assets are reported, they’ve seen a 25% decrease, dropping to £770,000. Debtor amounts have also declined by 20%, falling to £580,000. Net assets have taken a significant hit, plummeting 120% to -£870,000. Bank borrowings have increased substantially, reaching £29,000, and cash reserves have fallen 51% to £60,000. Creditors have risen by 22%, reaching £1,100,000. 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 decline in equity is concerning. The company’s auditor is KLSA LLP, but the financial statements are unaudited.

The company’s financial data suggests it might be burning through cash, although it’s difficult to say for sure without more information. The rise in creditors and the decrease in cash reserves are warning signs, but the company’s online presence and wide product range could help it generate sales and improve its financial performance. It's a lot of work, though.

Registered in England/Wales under the registration number 06078417, with a registered address at NW10 7LQ, London, 31 - 37, Park Royal Road.

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