Dunnet Bay Distillers Ltd.

Dunnet Bay Distillers Ltd from Thurso UK is a small, family business with an active status, founded eleven years ago. The company employs twenty-one people and holds £2,031,387 in assets. It has a real address and is managed by two directors and three owners. The business irregularly imports paper and paperboard products (two months imported) and regularly exports drinks, alcohol, and vinegar (twelve months exported).

The company’s website showcases its dedication to crafting exceptional spirits, particularly gin and vodka, inspired by the unique cultural and natural heritage of Caithness. They operate a distillery and offer guided tours, emphasizing hand-foraged botanicals and traditional copper pot stills. A loyalty points program and refill rewards club encourage repeat business, and they’re even exploring recyclable pouches—a sustainable initiative. They also own Myxd Scottish Cocktails Limited.

Financially, Dunnet Bay Distillers Ltd shows a mixed picture. Current assets declined by 18% to £2 million, while net assets also decreased by 27% to £580,000. Bank borrowings remained steady, however, cash reserves dropped significantly by 39% to £1.1 million. Creditors increased substantially by 200% to £420,000, which may reflect increased purchasing to meet demand. 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 for flexibility, but the decline in equity warrants attention. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The company’s focus on local ingredients and sustainable practices seems to be resonating with customers, and their commitment to quality is evident in their product offerings. Whether they can maintain this momentum and overcome the financial headwinds remains to be seen.

Registered in Scotland under the registration number SC454474, with a registered address at KW14 8XD, Scotland, Thurso, Dunnet Bay Distillery, Dunnet.

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