Grapey Limited

Grapey Limited, based in London, UK, is a small, active company established two years ago. With two employees and £198,292 in assets, it operates from a virtual address, a common characteristic of smaller online businesses. A solo founder, Harvey Christopher Andrew serves as director, while Savtsov Oleg is the owner. The company runs an e-commerce site specializing in wine sales, importing regularly—with its top category being Drinks, Alcohol, and Vinegar—for a total of 10 months, the latest operation occurring in January 2025.

The Grapey website presents a curated selection of wines from various regions, including Argentina, Australia, and Italy. It emphasizes direct access to award-winning wines at honest prices, skipping the middleman to offer competitive rates. The site features a user-friendly interface, detailed product descriptions, and a clear focus on customer satisfaction, with options for registration and login. It even has a blog and a dedicated section for delivery and returns.

Financially, Grapey Limited’s numbers show a mixed picture. Accumulated depreciation for computer equipment increased slightly, but plant machinery depreciation remained constant. Cash bank on hand held steady at £5,500, while creditors jumped considerably to £400,000. Net assets, however, declined to -£200,000, suggesting the company is operating at a loss. Trade creditors also increased, implying a need to manage payments more efficiently. Despite being a small company—meeting two of three criteria for small business status—the negative equity is a concerning trend. There's no auditor mentioned, likely due to the small company exemption, so the figures are unaudited.

Overall, Grapey Limited appears to be a growing e-commerce business facing some financial challenges. Its focus on direct-to-consumer wine sales and competitive pricing is a solid strategy, but managing its liabilities and improving profitability will be key to its long-term success.

Registered in England/Wales under the registration number 14757527, with a registered address at W1W 7LT, England, London, 85 Great Portland Street, First Floor.

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