H R Drinks (wholesale) Ltd

H R Drinks (wholesale) Ltd, based in London, UK, is a small, active company established seven years ago in 2017. With seven employees and £482,220 in assets, it operates from a real address and is managed by one director and one owner. Google users have given it a perfect 5.0 rating based on one review. The company specializes in importing drinks, alcohol, and vinegar, with recent activity recorded just one month ago.

The business focuses on wholesale and retail of alcoholic beverages, catering to specialized stores. Its website details a range of services, including wholesale distribution, retail sales, and even a focus on importing. It’s a relatively small operation, meeting two of the three criteria to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Financially, H R Drinks (wholesale) Ltd shows a mixed picture. Current assets have seen a significant increase, jumping 71% to £820,000. Cash reserves are up 28% to £210,000, and bank borrowings have surged 58% to £140,000. However, creditors have also risen sharply, increasing 140% to £380,000. The company’s equity has grown by 53% to £530,000, which is a positive sign. Trade debtors have also increased, rising 110% to £290,000. The company’s unaudited accounts, prepared by Capital Talks LLP, don's mention an auditor.

The company's irregular import activity, with its top category being drinks, alcohol, and vinegar, suggests a fluctuating supply chain. While the increased assets and cash reserves are encouraging, the rising creditors and trade debtors could indicate some challenges in managing payments. It’s a small business, and it's clear that they're working hard to keep things moving.

Registered in England/Wales under the registration number 10931705, with a registered address at E15 1DN, England, London, Unit 14 Thornham Grove.

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