Duncairn Wines Limited

Duncairn Wines Ltd is a small, active company founded sixty years ago in 1965, making it a long-standing family business. Based in Belfast, Northern Ireland, it operates from a real address and employs seventeen people. The company holds £1,468,739 in assets and is managed by four directors and two owners. It runs an e-commerce site and regularly imports drinks, alcohol, and vinegar—a consistent pattern over the past 73 months, with the latest import occurring in February 2025.

The company’s core business involves the manufacture of wine, wholesale of alcoholic beverages, and retail sales through specialised stores. It’s a small company, meeting two of the three criteria: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s current assets have increased by 9.5% to £1,500,000, while net assets have increased by 11% to £990,000. Bank borrowings have increased by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management.

Despite the increase in assets, there’s a noticeable trend of rising bank borrowings, which could indicate the company is investing in its business or facing cash flow challenges. The company’s financial data shows a surge in property plant equipment, with a 22% increase to £340,000. This could be due to investments in equipment or facilities to support its wine manufacturing and wholesale operations. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Registered in Northern Ireland under the registration number NI006351, with a registered address at BT1 3AJ, 5/7 Corporation Square, Belfast.

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