Glenforest Limited
- Small
- Active
- 14 years
- 1 employee
- £17,285,756 (assets)
- Virtual address
- 1 director
- 1 owner
- Regular importer
- Regular exporter
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
Glenforest Limited is a small, active company based in Hamilton, UK, founded fourteen years ago in 2010. With a single director and owner, Polini Simone, and just one employee, the company holds £17,285,756 in assets. It operates from a virtual address, registered with seventy-six other companies, which suggests a shared workspace or mail forwarding service. Glenforest Limited is involved in the wholesale of wine, beer, spirits, and other alcoholic beverages, alongside management consultancy and legal activities. Its website, Glenforestwhisky.co.uk, focuses on Scotch whisky, with a history dating back to 180 Hope St. Glasgow.
The company’s website details a range of premium Scotch whiskies, aged, bottled, and sold under its own trademarks. It’s strategically located in Lanarkshire, Scotland, with easy access to major distillers. The business imports and exports miscellaneous metal items, though only for a few months each, with the last import activity in 2022 and the last export in 2023. The website highlights a focus on quality and tradition, with a showroom even located in Harrods, London.
Financially, Glenforest Limited presents a mixed picture. While current assets increased by 9.9% to £17,000,000, net assets rose significantly by 58% to £2,300,000. Bank cash reserves, however, fell by 48% to £780,000, and trade debtors jumped by 27% to £9,900,000. Creditors also increased by 9.4% to £11,000,000. The company’s small size—meeting two of three conditions for being classified as small—helps it maintain agility. The sharp increase in trade debtors could indicate a need to manage customer payments more effectively. The company is exempt from an audit, so the figures are unaudited.
Overall, Glenforest Limited seems to be growing, but the decrease in cash reserves and increase in debtors warrant close monitoring. The company's focus on premium Scotch whisky and its presence in a prestigious location like Harrods suggest a strong brand, but the financial data indicates a need for careful management to ensure long-term sustainability.
Registered in Scotland under the registration number SC382390, with a registered address at ML3 6BJ, United Kingdom, Hamilton, Unit 1 Cadzow Park, 82 Muir Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 months
- 25%+
-
Resident of Italy
Managers
-
Individual
- 13 years
-
Resident of Italy
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Confirmation statement made on 2024-12-03 with updatesDownload 5 pages pdf report
-
Registered office address changed from 16 Muir Street Hamilton Lanarkshire ML3 6EP to Unit 1 Cadzow Park 82 Muir Street Hamilton ML3 6BJ on 2024-12-03Download 1 page pdf report
-
Cessation of Malasi S.A. as a person with significant control on 2024-10-29Download 1 page pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about Glenforest Limited
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