Farthinghoe Fine Wine Limited

Farthinghoe Fine Wine Ltd from Banbury UK: a small, active company founded 51 years ago, employs 16 people, and holds £6,090,549 in assets. It operates from a virtual address, is managed by two directors and owned by one individual. The company regularly imports and exports drinks, alcohol, and vinegar—a consistent 242 months of imports and 485 months of exports recorded.

The business specializes in buying and selling fine wines, offering a full wine merchant service and taking pride in a bespoke, personal service. It caters to clients in its main markets, visiting them personally to discuss their cellars. The company’s website highlights its wine selection, latest offers, and team, encouraging customers to get in touch. It also has a showroom in Harrods, London.

Financially, Farthinghoe Fine Wine Ltd shows a mixed picture. Current assets decreased by 18% to £6,100,000, while bank borrowings increased by 2,400% to £29,000. Cash reserves fell 30% to £440,000. Creditors decreased by 19%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's retained earnings accumulated losses increased by 91%, which is a good sign. However, the decrease in debtors and creditors could mean that the company is struggling to get paid on time. Overall, Farthinghoe Fine Wine Ltd is holding steady, but facing pressures.

Registered in England/Wales under the registration number 01123744, with a registered address at OX16 9BE, United Kingdom, Banbury, Oxfordshire, Penrose House, 67 Hightown Road.

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