Grape Passions Limited

Grape Passions Ltd from Witham UK: a small, active company founded 24 years ago, employs twelve people, and holds £2,302,895 in assets. It has a real address, is overseen by three directors, and owned by one individual. The company regularly imports drinks, alcohol, and vinegar—a total of 266 months of imports recorded, with the most recent in February 01, 2025.

The company operates in the wholesale of wine, beer, spirits and other alcoholic beverages industries. Its website, though currently unavailable, suggests a focus on importing and distributing beverages. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Looking at the financials, Grape Passions Ltd shows some interesting trends. Cash bank on hand has increased by 10% to £1,400,000, which is a positive sign. However, creditors have risen significantly by 30% to £330,000, and other taxation social security payable has decreased by 48% to £44,000. Intangible assets have seen a 100% decrease, which is a concern. The company’s net assets have increased by 6.4% to £2,100,000. Trade debtors have decreased by 7.2% to £260,000.

The company’s financial statements are unaudited, and no auditor is mentioned, which is common for small companies. The increase in creditors, while not necessarily alarming, could indicate a need to manage payment terms more effectively. The decrease in intangible assets is something to keep an eye on, but it could be due to various factors, such as depreciation or asset write-offs. Overall, Grape Passions Ltd appears to be a stable, albeit small, business, but it’s important to monitor its financial health closely.

Registered in England/Wales under the registration number 04193323, with a registered address at CM8 3AA, Witham, Essex, Unit 7 Rosewood Business Park, Eastways.

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