Frenchvines Limited
- Active
- Small
- 21 years
- 1 employee
- 0-1m
- Regular importer
- Real address
- 2 directors
- 1 owner
- Solo founder
- Melton Mowbray
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Frenchvines Limited, based in Basildon, UK, is a small, active company founded 20 years ago in 2005. Employing just one person and boasting two directors, it’s a solo-founded operation with a real registered address. The company is a regular importer, specializing in drinks, alcohol, and vinegar—with 13 months of import activity recorded, the latest in July 2024. It operates in the wholesale of wine, beer, spirits and other alcoholic beverages industries.
The company’s website is non-existent, so it’s impossible to determine if it’s an e-commerce business. It’s likely operating as a B2B wholesaler, supplying retailers and other businesses.
Financially, Frenchvines Limited presents a mixed picture. Net assets have declined significantly, dropping 170% to -£30,000, which is a concerning trend. Bank borrowings decreased by 15%, to £13,000, which is positive, but cash reserves only increased slightly, to £4,200. Creditors also increased by 13%, to £72,000, suggesting a reliance on trade credit. Debtors, however, plummeted by a staggering 64%, to just £4,200, which could indicate difficulties collecting payments or a shift in sales patterns. Property, plant, and equipment decreased by 25%, to £17,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's exempt from an audit, so the figures are unaudited.
The sharp decline in equity is a particular area of concern, and it’s possible that the company is burning through cash. The decrease in debtors is also worrying, and it could indicate problems with sales or collections. However, the decrease in bank borrowings is a positive sign, and it suggests that the company is managing its debt effectively. It's a bit strange that the company is importing so much while showing these financial difficulties.
Registered in England/Wales under the registration number 05355753, with a registered address at LE14 2AG, England, Melton Mowbray, 48 Main Street, Wymondham.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 9 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 21 years
- 1
-
Resident of United Kingdom
-
Individual
- 21 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
-
Registered office address changed from 7 Josselin Court Wollaston Industrial Estate Basildon Essex SS13 1QE to 48 Main Street Wymondham Melton Mowbray LE14 2AG on 2026-03-10Download 1 page pdf report
-
Confirmation statement made on 2026-01-29 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2025-03-31Download 7 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Frenchvines Limited
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