Ideal Wine Company Limited

Ideal Wine Company Ltd, based in Croydon, UK, is a small, active company established thirteen years ago in 2011. With fourteen employees and £358,701 in assets, it operates from a real address and is overseen by three directors and one owner. The company regularly imports and exports drinks, alcohol, and vinegar – three months of imports and four months of exports recorded.

The company’s website is currently unavailable, making it difficult to determine the full scope of its operations beyond the import/export activities. It appears to be a relatively straightforward operation, likely focused on wholesale distribution rather than direct-to-consumer sales.

Financially, Ideal Wine Company Ltd shows a mixed picture. Current assets have decreased by 14% to £360,000, while net assets have fallen by a significant 45% to £140,000. Bank borrowings have also decreased by 15%, reaching £11,000. Creditors have increased by 49%, suggesting a reliance on trade credit. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 30 employees) allows it to remain flexible, but the decline in equity is a concern. There is no auditor mentioned, so the financial statements are unaudited.

The company’s reliance on imports and exports, coupled with the fluctuating financial figures, suggests it's navigating a competitive market. The decrease in assets could be due to increased operational expenses or changes in inventory management, but it's a trend worth monitoring.

Registered in England/Wales under the registration number 07616719, with a registered address at CR0 0XT, England, Croydon, 16th Floor 12-16 Addiscombe Road.

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