Ifwines Ltd
- Small
- Active
- 4 years
- £25,386 (assets)
- Virtual address
- 4 directors
- 2 owners
- Regular importer
- Family business
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Ifwines Ltd is a small, active company based in London, UK, founded four years ago in 2020. The company holds £25,386 in assets and operates from a virtual address shared by many other businesses – over 28,000, to be exact. It's a family business with four directors and two owners, and it runs an e-commerce site. The company regularly imports drinks, alcohol, and vinegar, with 40 months of import activity recorded, the last in December 2024. Its core business involves retail sale in non-specialised stores with food, beverages or tobacco predominating.
The company's website, Vinissimus, is a comprehensive online wine store, offering a vast selection of wines from around the world, including Spanish, Italian, and French varieties, as well as sparkling wines and specialized categories like vegan and organic wines. The site also features a section dedicated to wine gifts and pairings, and it ships to several European countries. The website has a lot of different sections, and it's quite extensive.
Financially, Ifwines Ltd is showing some concerning trends. Cash bank on hand has fallen by a significant 70%, dropping to just £25,000. Current assets have also plummeted 71%, down to £25,000. Equity has taken a massive hit, decreasing by 240% to -£30,000. While creditors have decreased slightly, the sharp decline in cash and equity suggests the company is burning through money. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s not required to have an audit, so these figures are unaudited. The company's debts are also increasing, with accrued liabilities deferred income rising by 130%. The company is still trading, but it’s a bit worrying.
Registered in England/Wales under the registration number 12965646, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 4 years
- 25%+
-
Resident of Spain
-
Individual
- 4 years
- 25%+
-
Resident of Spain
Managers
-
Individual
- 4 years
-
Resident of Spain
-
Individual
- 4 years
-
Resident of Spain
-
Individual
- 4 years
-
Resident of United Kingdom
-
Individual
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Confirmation statement made on 2024-10-20 with updatesDownload 4 pages pdf report
-
Total exemption full accounts made up to 2023-10-31Download 6 pages pdf report
-
Confirmation statement made on 2023-10-20 with updatesDownload 4 pages pdf report
Importer profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
Similar importers
- Company names
- HS codes
- Financial data
- Officers and owners
FAQ about Ifwines Ltd
Looking for leads in the UK?
Try our FREE App—access UK datasets with limited features!