Horseshoe Distillery Ltd

Horseshoe Distillery Ltd from Hillsborough UK: a small company with an active status, was founded five years ago. It employs just two people and holds £6,780 in assets. The company has a real address, two directors, and two owners, and boasts a stellar 5.0 Google rating based on one review. It’s an irregular importer, primarily of machinery, boilers, and mechanical appliances; parts, with the last import operation occurring one month ago.

The company's website showcases Horseshoe Gin, a 100% Irish gin crafted from the finest ingredients. The site features a brand section, cocktail recipes, merchandise, and a contact page, with a clear focus on online sales. A "Shop" section highlights partnerships with other brands to facilitate online purchases, and a basket feature allows customers to easily add items. The website also promotes a "Join the Party" campaign, encouraging engagement and offering a newsletter signup for the latest news and special offers. It’s a well-designed site, with a nostalgic branding and a focus on quality and customer experience.

Financially, Horseshoe Distillery Ltd presents a mixed picture. Current assets have plummeted 64%, dropping to £6,800, while net losses have increased significantly to -£170,000. Bank borrowings have risen sharply, and cash reserves have been depleted. Creditors have also decreased. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the sharp decline in equity is concerning. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company, and the figures rely on unaudited statements.

It appears the company is burning through money, with significant losses and dwindling cash reserves. The website suggests a focus on online sales and brand building, but the financial data indicates a need to address these losses and stabilize the business.

Registered in Northern Ireland under the registration number NI666834, with a registered address at BT26 6NE, Northern Ireland, Hillsborough, 24 Glebe Road.

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