Franklin's Wine Ltd

Franklin’s Wine Ltd, based in London, UK, is a small, active company founded five years ago. Employing nine people and holding £71,804 in assets, it operates from a virtual address – a detail flagged by the fact that 6797 other companies are registered at the same location. The business is led by one director, Dhesi Aneeta, and owned by Dhesi Aneeta and Dhesi Benjit, though the ownership list changed two years ago. Google reviews are stellar, boasting a 5.0 rating from 145 reviews. The company imports cereal and milk-based food products irregularly, with the last import occurring just one month ago.

Franklin’s Wine operates as a wine bar in Notting Hill, London, offering a curated selection of wines, cocktails, and Cuban cigars. Its website highlights a commitment to exceptional wine experiences, catering to a discerning palate with medium to high-end wines and artisanal cheese and charcuterie boards. The bar also hosts private tastings and events, aiming to create a vibrant atmosphere for friends and family. The company's website clearly states that it’s a place to unwind and explore new flavours.

Financially, Franklin’s Wine Ltd presents a mixed picture. Current assets have decreased by 29% to £72,000, while net assets have fallen by a significant 120%, landing at -£410,000. Bank borrowings have remained stable at £100,000, but cash reserves have declined by 8.9% to £21,000. Creditors have increased by 16%, suggesting a greater reliance on short-term financing. The company’s small size – meeting two of three criteria for a small company – allows for agility, but the substantial equity drop is a cause for concern. The company is exempt from an audit, meaning the figures are unaudited. It’s worth noting that the company’s losses have deepened, from -£180,000 to -£450,000.

Registered in England/Wales under the registration number 12346018, with a registered address at WC2H 9JQ, United Kingdom, London, Greater London, 71-75 Shelton Street.

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