Frenchbubbles Limited

Frenchbubbles Limited, based in Whetstone, UK, is a small company currently undergoing liquidation. Established 16 years ago, in June 2008, it operates with just two employees and holds assets valued at £201,370. The company, which has two directors and one owner (though this list may not be exhaustive), maintains a virtual address shared by many other businesses. It runs an e-commerce site and has a stellar 5.0 Google rating based on a single review. Frenchbubbles regularly imports drinks, alcohol, and vinegar—27 months worth—with the latest import occurring in November 2024.

The company’s website showcases a focus on artisan grower champagne, gifts, and event services. It offers a range of products, including grower champagne, mixed cases, and even private corporate tasting events, both virtual and in-person. The site also sells sustainable and organic wines, and offers loyalty points and discounts. It’s clear Frenchbubbles is targeting a niche market of champagne enthusiasts.

However, the company’s financial health appears precarious. While current assets remained relatively stable at £200,000, net assets have plummeted by 97%, falling to a mere £250. Bank borrowings have increased dramatically, reaching £31,000, and cash reserves have vanished completely. Creditors have also increased, although at a smaller rate. The company’s small size (meeting two of three conditions for a small company) does provide some agility, but the sharp decline in equity raises concerns. The lack of an auditor—likely due to its small size—means the figures are unaudited.

It’s worth noting that the company’s financial data shows a significant increase in trade debtors, suggesting potential issues with customer payments. While the website presents a polished image and a focus on quality, the financial numbers paint a picture of a company struggling to maintain its footing.

Registered in England/Wales under the registration number 06627942, with a registered address at N20 0RA, Whetstone, London, Mountview Court, 1148 High Road.

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