Greenwood Spirits Limited

Greenwood Spirits Ltd from London UK: small company, active status, founded 9 years ago, 18 employees, real address, 2 directors, no owners. Regular importer of cork and cork products (3 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the distilling, rectifying and blending of spirits, the wholesale of wine, beer, spirits and other alcoholic beverages industries.

Based in London, Greenwood Spirits is a relatively young company, established in 2015. It’s a small operation with just 18 employees, and the address is real, with only eight companies registered at the same location. The company is run by two directors, though no owners are currently listed—likely one of the directors holds the shares. Greenwood Spirits is a regular importer, with cork and cork products being its top import category, although the last import operation was made three months ago in August 2022.

The company’s website paints a picture of a business deeply rooted in tradition and global craftsmanship. Greenwood Distillers isn’s just about spirits; it’s about bridging cultures and continents through exceptional drinks. The site highlights a network of distilleries and producers spanning Scotland, Kentucky, Japan, Mexico, and France. It emphasizes a philosophy of creative tension, bringing together classically trained experts and “untrained dreamers.” The company is actively building new distilleries, including the Ardross Distillery in the Scottish Highlands, and plans for a Copper Pheasant Bourbon distillery in Kentucky. The website showcases a diverse portfolio of spirits, including Theodore Gin, Alastor Mezcal, Chateau la Lune Armagnac, and Yamadori Whisky, each with a unique story and heritage. The company also has a “Greenwood Bond” division focused on experimental blends and limited-edition whiskies.

Financially, Greenwood Spirits Ltd shows some concerning trends. Cash bank on hand has decreased by 22% to £600,000, and net assets have fallen by 12% to -£2.4 million. Trade debtors have decreased by 15%, while creditors have increased by 30%. The company’s reliance on bank borrowings has also increased, rising by 20%. While the company's small size allows for agility, the decline in equity and cash reserves suggests it may be burning through money. The lack of a mentioned auditor, likely due to its status as a small company, means the financial statements are unaudited. It’s possible the company is investing heavily in expansion, which could explain the current financial pressures.

Registered in England/Wales under the registration number 09801099, with a registered address at SW1A 1JT, England, London, 49 St. James's Street.

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