House Of Wine Limited

House Of Wine Ltd, based in Leeds, UK, is a small, active company founded seven years ago. With three employees and £705,521 in assets, it’s a modest operation run by two directors and two owners. The company is a irregular importer, with its top import category being Drinks, Alcohol, and Vinegar, totaling 2 months of imports, the last operation conducted on June 01, 2022. It operates within the wholesale of wine, beer, spirits and other alcoholic beverages industries.

The company’s website, houseofwine.co.uk, positions itself as a nationwide wine wholesaler, catering to the on-trade sector. It highlights a global selection of wines and offers services like wine menu development. The site encourages visitors to view its range, explore its wines, and contact them via phone, email, or postal address. It also has a social media subscribe option. The website doesn’t appear to be primarily e-commerce focused; instead, it seems geared towards building relationships with wholesale clients and showcasing its range.

Financially, House Of Wine Ltd’s numbers paint a mixed picture. While bank borrowings increased by 19%, cash bank on hand saw a significant boost of 120%. Creditors also rose by 44%, and debtors increased by 78%, suggesting the company is managing its debts and expanding its customer base. However, the increase in specific advances to directors—from £0 to £30,000—raises a slight question mark, although it’s likely a temporary arrangement. Property, plant, and equipment grew by 40%, indicating investment in the business. 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 agility, but the increase in property plant and equipment might be a bit much. No auditor is mentioned, which is common for small companies.

Registered in England/Wales under the registration number 11288953, with a registered address at LS28 5LY, United Kingdom, Leeds, West Yorkshire, 59-62 Bagley Lane, Farsley.

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