G & I Spirit Group Limited

G & I Spirit Group Limited, based in Barnet, UK, is a small, family-run business with an active status. Founded seven years ago in 2017, the company employs just two people and holds £1,116,126 in assets. It operates from a real address and is overseen by two directors and two owners. The company is an irregular importer, primarily dealing in drinks, alcohol, and vinegar, with its last import activity recorded just one month ago in May 2024.

The company’s website showcases a diverse range of alcoholic beverages, including vodka, gin, tequila, and cocktail mixes. It operates an e-commerce site, selling directly to consumers and offering wholesale accounts. The site highlights its unique offerings, such as the “Neapolitan Bundle” and “Mis Amigos” flavored tequilas, alongside a focus on British craftsmanship and globally sourced ingredients. There's also a section dedicated to "Jillions Gin," inspired by the company's auntie Margie's work at Bletchley Park.

Financially, G & I Spirit Group Limited presents a mixed picture. Cash reserves have dramatically decreased by 96%, falling to just £440, while trade debtors have surged by an astonishing 2,300%, reaching £740,000. Creditors have also increased by 36%, now standing at £1,100,000. However, the company’s small size—meeting two of three criteria for a small company—helps it maintain agility. The decrease in cash reserves, however, suggests the company may be burning through money, and the increase in debtors could indicate difficulties in collecting payments. The company is exempt from an audit, relying on unaudited accounts. It's clear that the business is working hard to sell its spirits, but the financial figures suggest a need to manage cash flow and collect outstanding debts.

Registered in England/Wales under the registration number 11088824, with a registered address at EN5 4HZ, United Kingdom, Barnet, Hertfordshire, 96 Union Street.

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