Halfwine Limited

Halfwine Limited, based in Worthing, UK, is a small, active company established fifteen years ago. It’s a family affair, employing just one person and boasting £28,655 in assets. The company operates an e-commerce site and has two directors and one owner, Dilton-hill Kevin George. It’s a real address, with seven other companies registered there.

The Little Fine Wine Company, as it’s known online, specializes in half bottles of wine, offering a curated selection from around the world. The website is well-designed and user-friendly, with a strong focus on storytelling and education. It’s clear they are targeting a specific niche: wine lovers who appreciate smaller portions and unique finds. They even offer a flexible subscription club with a focus on reliably delicious wines.

Financially, Halfwine Limited’s numbers paint a mixed picture. Cash reserves increased by 22% to £11,000, which is good, but net assets decreased by 3.9% to -£110,000. Creditors increased by 10% to £78,000, and trade debtors jumped significantly by 610% to £810. The company’s small size (meeting two of three conditions for a small company) helps it remain nimble, but the equity decline is a concern. The company’s lack of employees is notable, suggesting a lean operation. With no auditor mentioned, the figures are unaudited. It’s possible that the company is burning through cash to grow its e-commerce business, but more information would be needed to confirm this.

Registered in England/Wales under the registration number 07168578, with a registered address at BN14 0AZ, Worthing, West Sussex, 4 Prince William Close.

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