Goedhuis & Company Limited

Goedhuis & Company Limited, based in London, UK, is a sizable holding company with an active status, marking its 43rd year in operation since its founding in 1981. Employing 27 individuals, the company holds £2,421,207 in assets and generates a substantial £29,764,156 in yearly revenue. While it has a registered address, twenty-nine companies share the same location, suggesting a virtual address. The company is managed by nine directors and overseen by one owner, boasting a stellar 5.0 Google rating from four reviews. It’s a regular importer and exporter of drinks, alcohol, and vinegar, with 266 months of import activity and 845 months of export activity.

The company's core business revolves around the wholesale of fine wine, beer, and spirits, operating through its website, goedhuiswaddesdon.com. This website showcases a wide selection of wines, from Champagne to Burgundy, and offers services like wine investment, cellar plans, and wine broking. It also has a sister site, Waddesdon Wine, which focuses on selling wines by the bottle. The company even owns Private Reserves Limited, providing impeccable storage at Octavian Cellars.

Financially, Goedhuis & Company Limited presents a mixed picture. While revenue remained relatively stable, current assets took a significant hit, decreasing by 88% to £2.4 million. Bank borrowings surged by an impressive 1,100%, reaching £1.6 million, and cash reserves plummeted 70% to £760,000. Creditors also experienced a dramatic decline, falling 99% to £170,000. The company’s net assets decreased by 62%, to £3.7 million. Despite these challenges, the company’s turnover remained stable at £30 million, indicating a continued demand for its products. The company’s small equity reserves, coupled with the sharp decline in cash, suggest it may be burning through money, but the stable turnover and large asset base indicate it is not in immediate danger. The lack of an auditor mentioned implies the company is exempt from an external audit, relying on internal financial oversight.

Registered in England/Wales under the registration number 01569585, with a registered address at EC4A 3DW, London, 3rd Floor, 12 Gough Square.

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