Fine Gifts (uk) Ltd

Fine Gifts (UK) Ltd, based in Hessle, UK, is a small, active company founded twelve years ago in 2013. It’s a solo-founder operation with one director and owner, employing a single person and holding £11,577 in assets. The company operates an e-commerce site specializing in vintage port and wine gifts, with a particular focus on anniversary vintages. The registered address is a virtual address, shared by thirty other companies.

The website, Vintage Wine Port UK, is a comprehensive online retailer of fine wines and ports, catering to a wide range of tastes and occasions. It boasts an impressive selection, from rare vintage ports to everyday drinking wines, with a strong emphasis on provenance and quality. The site also features a blog with informative articles on wine history, tasting notes, and gift ideas—a nice touch that enhances the customer experience. It’s an IWC Fortified Retailer of the Year, which is a good sign.

Financially, Fine Gifts (UK) Ltd presents a mixed picture. Current assets increased by 29%, reaching £12,000, while cash bank on hand decreased by 21%, falling to £4,400. Debtor’s increased significantly, by 7,500%, reaching £4,900, which could be a sign of delayed payments or increased credit sales. Equity, however, took a sharp hit, dropping 450% to -£210—a concerning trend that suggests the company is burning through cash. Creditors also increased by 33%, reaching £12,000, and bank borrowings increased by a staggering 2,400%, reaching £29,000. The company’s small size (meeting two of three criteria for being a small company) allows for agility, but the decline in equity is a point of concern. No auditor is mentioned, which is common for small companies.

Overall, Fine Gifts (UK) Ltd appears to be a well-established e-commerce business with a strong brand and a loyal customer base. However, the recent financial trends suggest that the company may be facing challenges in managing its cash flow and maintaining profitability. It’s a business that’s clearly focused on its niche market, but the financial data raises questions about its long-term sustainability.

Registered in England/Wales under the registration number 08366415, with a registered address at HU13 0EG, England, Hessle, East Yorkshire, Unit 14a Waterside Business Park, Livingstone Road.

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