Joie De Vin Ltd

Joie De Vin Ltd from Winchester UK: a small, family business, is active and has been around for nine years. With just two employees and £35,978 in assets, it’s a modest operation run by two directors and owners. The company regularly imports drinks, alcohol, and vinegar – a consistent 17-month import history, with the most recent activity recorded in September 2024.

The company’s website, Joie de Vin, showcases a wide range of wines, spirits, and food items. It’s clearly an e-commerce business, offering a diverse selection categorized by style, grape, region, and producer. The site also features promotions, mixed cases, and a dedicated section for natural and low-intervention wines, catering to a growing consumer interest in sustainable practices. There’s a section for food pairings too, which is a nice touch.

Financially, Joie De Vin Ltd presents a mixed picture. Cash bank on hand has increased significantly by 480% to £8,000, which is a positive sign. However, net assets have decreased by 47% to -£24,000, and net current assets and liabilities have also increased by 37%. Liabilities have increased by 21% too. Interestingly, finished goods have decreased by 9%, which could indicate a focus on moving stock. The company meets the criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There’s no auditor mentioned, which is common for small companies.

Overall, Joie De Vin Ltd appears to be navigating a period of change. The increased cash reserves suggest improved liquidity, but the decline in equity and increase in liabilities point to potential financial strain. It’s likely that the company is investing in its e-commerce platform and expanding its product range, which could explain the changes in its financial position.

Registered in England/Wales under the registration number 09574244, with a registered address at SO22 6BH, England, Winchester, 7 Bereweeke Avenue.

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