Honest Grapes Limited

Honest Grapes Ltd from Cambridge UK: a small, active company founded ten years ago, employs 22 people, and holds £4,024,049 in assets. It's a solo-founded business with four directors and a real address, operating a thriving e-commerce site. The company regularly imports drinks, alcohol, and vinegar (185 months) and exports them too (20 months), with the last activity recorded in January 2025.

The company’s core business is retail sale via mail order houses or via internet, and its website showcases a wide range of wines from independent producers. It appears to be a specialist retailer, focusing on smaller, often lesser-known vineyards and offering a curated selection of wines. The site includes detailed tasting notes, producer profiles, and even wine-pairing suggestions—a clear effort to engage customers beyond a simple transaction.

Financially, Honest Grapes Ltd presents a mixed picture. While net assets increased by a significant 69%, reaching £320,000, cash reserves only rose by a modest 58%, settling at £26,000. Bank borrowings decreased by 16%, falling to £850,000, suggesting improved debt management. Trade debtors, however, increased by 11%, indicating a potential delay in customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debtors could be a cause for concern. The company is exempt from an audit as a small company, so the figures are unaudited.

It seems Honest Grapes is navigating the challenges of a growing e-commerce business. The increase in net assets is encouraging, but careful monitoring of debtors and cash flow will be crucial for sustained success.

Registered in England/Wales under the registration number 09121187, with a registered address at CB4 0WS, Cambridge, St Johns Innovation Centre, Cowley Road.

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