Experience Wine Limited

Experience Wine Ltd, based in Taunton, UK, is a small, active company founded seventeen years ago in 2007. Employing just four people, it operates from a virtual address—registered at an address shared by thirteen other companies—and is overseen by four directors and one owner. The company boasts a perfect 5.0 Google rating from thirteen reviews and runs an e-commerce site. It’s a regular importer of drinks, alcohol, and vinegar, with seventy months of import activity recorded.

The company’s website, Experience Wine, positions itself as a wine merchant and wholesaler, catering to both retail and trade customers. Based on the edge of the former stannery town of Lostwithiel in Cornwall, it emphasizes personalized service and sourcing exciting wines from independent producers. The site highlights a selection of wines, with a focus on small producers and UK exclusives, and even features a login system for customers to place orders and view their accounts. The site also has a section for producer profiles, showcasing the company’s relationships with wineries.

Financially, Experience Wine Ltd presents a mixed picture. Cash reserves fell by 70%, dropping to £290, while net assets plummeted 67% to -£320,000. Trade debtors decreased by 31%, suggesting improved collection rates, but bank borrowings remained steady at £6,000. 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 for flexibility, but the significant equity decline raises questions. No auditor is mentioned, likely due to the company’s exemption as a small entity. The company's income from related parties decreased by 6.7% to £20,000. Overall, Experience Wine Ltd appears to be navigating a challenging financial landscape, relying on its established relationships and online presence to maintain its business.

Registered in England/Wales under the registration number 06340441, with a registered address at TA1 2UH, England, Taunton, Winchester House, Deane Gate Avenue.

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