Jeroboams Limited

Jeroboams Limited is a large holding company with an active status, having been incorporated twenty-three years ago in 2002. The company, based in London, employs twenty-two people and holds assets valued at £14,827,603. With a yearly revenue of £32,629,422, it operates an e-commerce site and regularly imports and exports drinks, alcohol, and vinegar—a total of 1182 months of import activity and 207 months of export activity. The company’s address is probably virtual, as fourteen companies are registered at the same location. It is managed by five directors and has two owners, though the list of owners was changed nine years ago.

Jeroboams Limited operates primarily as a trade arm, sourcing, importing, and distributing artisanal wines from family producers worldwide. It supplies the UK's top restaurants and independent retailers, with a particular strength in Italian, New World, and Fine Wine selections. The company's website highlights a comprehensive portfolio, including a monthly Fine Wine List, training sessions, and bespoke sourcing services. They even host an annual Portfolio Tasting in Covent Garden.

Financially, Jeroboams Limited shows a mixed picture. While turnover increased by 18% to £33 million, net assets grew by only 18% to £3.3 million. Bank borrowings increased by 120%, reaching £38,000, and cash reserves fell 48% to £280,000. Creditors decreased by 18%, suggesting improved debt management. The company’s size—meeting two of three criteria for a large company—allows for flexibility, but the rise in borrowings and decrease in cash reserves could indicate increased operational expenses. The company’s auditors, Duncan & Toplis Audit Limited, have not mentioned any concerns in their report. The company's growth in turnover is encouraging, but it will be interesting to see if it can translate into improved profitability in the coming year.

Registered in England/Wales under the registration number 04376226, with a registered address at W11 4LJ, 43 Portland Road, London.

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