Finest Drinks Ltd

Finest Drinks Ltd is a small, active company based in Oldham, UK, founded four years ago in 2021. Employing just three people, it holds £2,524,061 in assets and operates a real address with four directors and two owners. The company runs an e-commerce site and regularly imports and exports miscellaneous food products—57 months of imports and 10 months of exports, the latest in September 2024.

The company’s website highlights its role as a UK distributor for Alchemy Elixirs and 1883 Syrups, offering a range of iced teas, cordials, sauces, and merchandise. It also features a sister company, Middleton Associates, specializing in the supply of beer, wine, spirits, and soft drinks—a potential avenue for diversification. The site's focus on recipes and health benefits reinforces its commitment to quality and customer engagement.

Financially, Finest Drinks Ltd presents a mixed picture. Cash reserves increased by a substantial 38% to £1.4 million, while trade debtors grew by 46% to £720,000—suggesting a possible increase in credit sales. However, net losses deepened, and bank borrowings increased, indicating potential cash flow pressures. Creditors decreased by 12%, which is a positive sign. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the increase in debt warrants closer monitoring. No auditor is mentioned, consistent with its status as a small, exempt company. The company's equity increased by 180%, which is a good sign.

Registered in England/Wales under the registration number 13179909, with a registered address at OL9 9RJ, England, Oldham, Lancashire, Jct 21 Business Park, Gorse Street.

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