It's Brewing Ltd

It’s Brewing Ltd is a private limited company registered in England/Wales with the registration number 13279709. The company was founded four years ago on March 19, 2021, and registered at CH1 2DS, Chester, Cheshire, C/O Haines Watts Chester Military House, 24 Castle Street. The address is probably real as only two companies registered at the same address. Its status is active. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director, and one employee. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £3,346.

The company’s website is minimal, providing little insight into its operations beyond a basic contact form. There's no visible e-commerce functionality, suggesting It's Brewing Ltd likely operates through other channels, such as wholesale or direct sales. It’s unclear if the company has an active online presence beyond its registration details.

Financially, It’s Brewing Ltd presents a mixed picture. Current assets increased by a staggering 590% to £3,300, a positive sign of increased liquidity. However, equity plummeted 170% to just £1,400, indicating significant losses. Bank borrowings increased to £3,100, and cash reserves dropped 45% to £270. Creditors decreased by 28%, which is good. The company’s small size helps it stay agile, but the equity drop raises questions about its long-term viability. The director, Mr. M. A. Horton, acknowledges his responsibilities, but the lack of an auditor (likely exempt as a small company) means the figures rely on director-reported data.

In short, It’s Brewing Ltd is facing some financial challenges. While current assets have improved, the significant equity decline suggests the company is burning through money. Whether it can sustain this level of operation remains to be seen.

Registered in England/Wales under the registration number 13279709, with a registered address at CH1 2DS, Chester, Cheshire, C/O Haines Watts Chester Military House, 24 Castle Street.

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