Elixir Distillers Ltd

Elixir Distillers Ltd, a holding company based in London, UK, is a sizable player with a nine-year history. Employing 35 people, the company holds assets worth £101.7 million and generates £12.9 million in revenue annually. It operates from a real address and is overseen by two directors and one owner. The company regularly imports and exports drinks, alcohol, and vinegar – 47 months of imports and 83 months of exports recorded.

The company’s website highlights a combined expertise in distilling and blending spirits, emphasizing a “new perspective” on traditional techniques. It boasts a range of brands and services, including distillery construction and piano restoration via its 1066 Pianos division. The website also offers creator, bottler, and blender services.

Financially, Elixir Distillers Ltd's recent performance presents a mixed picture. Current assets decreased by 24% to £100 million, while net assets dropped 33% to £150 million. Bank borrowings increased by 100% to £65 million, and cash reserves fell 20% to £90 million. Creditors decreased by 10%, suggesting improved debt management. The company’s size—meeting two of three criteria for a large company—allows for flexibility, but the decline in equity raises concerns. While the company’s auditor, Shah Dodhia & Co, hasn’t been mentioned, the unaudited figures rely on director-reported data.

The company’s diverse operations—from spirits to pianos—suggest a willingness to explore new avenues for growth. However, the financial pressures indicate a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 09681748, with a registered address at NW10 7LQ, England, London, Alchemy House/45 Park Royal Road, Park Royal.

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