House And Wine Ltd

House And Wine Ltd, based in Axminster, UK, is a small, holding company with an active status. Founded nineteen years ago in 2005, the company employs four people and holds £167,573 in assets. It has three directors and one owner, and operates from a real address shared with just one other company. The business regularly imports jewelry, precious stones, and metals, with 78 months of import activity recorded, the latest in October 2024.

The company’s website, House of Wine, positions itself as a nationwide wine wholesaler specializing in wines for the on-trade sector. Since 2018, it’s offered a global selection of wines, with a focus on quality and value. The site promotes a "Wine of the Month" selection and offers wine menu development services, alongside nationwide delivery. It’s a professional-looking site, designed by Soiree Marketing, and includes contact information and social media links.

Financially, House and Wine Ltd is showing some concerning trends. Cash bank on hand has decreased by 20% to £44,000, and current assets have fallen by 10% to £170,000. Trade debtors have seen a significant drop of 26%, suggesting a possible issue with customer payments, and bank borrowings have decreased by 24% to £32,000. Equity has also declined by 16%, to -£71,000. Despite these challenges, creditors have decreased by 24%, indicating better debt management. 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 it to remain flexible, but the decline in equity warrants closer attention. The accounts are unaudited, likely due to the company’s small size, so the figures rely on director-reported data.

Overall, House and Wine Ltd appears to be navigating a period of financial pressure, despite a professional online presence and a focus on quality wines.

Registered in England/Wales under the registration number 05627807, with a registered address at EX13 5RJ, Axminster, Devon, Rosy Jeffery Accountants The Loft, Unit 11,, Hunthay Business Park.

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