Fine Wine House Ltd

Fine Wine House Ltd, based in London, UK, is a small, active company founded 14 years ago. It holds £311,631 in assets and operates from a real address, managed by a single director and owner, who is also the solo founder. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating based on 88 reviews. It’s an irregular importer of drinks, alcohol, and vinegar, with just one month of imports recorded as of October 2023.

The company’s website, The Fine Wine Company Ltd, showcases a wide selection of wines, spirits, and craft beers from around the world, catering to both individual consumers and wholesale clients. It offers next-day delivery on selected items and emphasizes its status as independent wine merchants specializing in boutique, handcrafted wines. The website also features a blog and testimonials from satisfied customers, highlighting its commitment to quality and service.

Financially, Fine Wine House Ltd presents a mixed picture. While current assets increased by 15% to £310,000, equity dropped by 21% to £120,000. Bank overdrafts remained constant at £46,000, and cash reserves declined significantly by 87% to just £930. Creditors increased by a substantial 59% to £200,000, indicating a greater reliance on short-term financing. 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 decrease in equity suggests potential financial strain. With no auditor mentioned (likely exempt as a small company), the figures are based on unaudited statements.

Overall, Fine Wine House Ltd appears to be navigating a challenging environment, balancing its e-commerce presence with the pressures of managing finances and maintaining a steady supply chain.

Registered in England/Wales under the registration number 07512526, with a registered address at SW18 4GN, England, London, 115 Beacon Tower Spectrum Way.

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