Giraffe Distillers Ltd

Giraffe Distillers Ltd from Brigg UK: small company, active status, founded 2 years ago, 6 employees, £824,550 assets, virtual address, 2 directors, 1 owner. Regular importer of drinks, alcohol, and vinegar (6 months imported). It’s a small business, meeting two of three conditions to be classified as such: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company was incorporated two years ago on August 30, 2022, and its status is currently active.

Giraffe Distillers operates as a contract distiller, offering product development, distillation, blending, bottling, labelling, warehousing, and shipping services. Based in Louth, Lincolnshire, it boasts a 5000-litre still capable of producing tens of thousands of litres of spirit daily. The company’s website highlights its commitment to sustainability and its ability to support client growth, emphasizing teamwork, innovation, and entrepreneurial spirit. It seems they are focused on building relationships with clients and offering a full suite of services from concept to launch. The address, while registered, is probably virtual as twenty one companies are registered at the same address.

Financially, Giraffe Distillers Ltd presents a mixed picture. While current assets remain steady at £820,000, the company’s equity has decreased slightly. Bank borrowings have increased, and cash reserves are stable. The company’s small size and lack of employees (6) allows for flexibility, but the increase in borrowings suggests a need for capital. The company’s depreciation charges for property, plant, and equipment have remained consistent over the last year, and there's no mention of an auditor, which is likely due to its status as a small company. It’s hard to say if this is a sign of financial strain or simply reinvestment in the business—but it's something to keep an eye on.

Registered in England/Wales under the registration number 14322873, with a registered address at DN20 8JD, England, Brigg, 17 Old Courts Road.

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