K And L Wines And Spirits Uk Ltd

K And L Wines And Spirits Uk Ltd, based in Ashford, UK, is a small, active family business established seventeen years ago. Employing just three people, the company holds £138,771 in assets and operates from a real address. With two directors and two owners, the business has a strong Google rating of 5.0 based on twenty reviews, reflecting a positive customer experience. It’s a regular importer of drinks, alcohol, and vinegar, with nineteen months of import activity recorded, the last in September 2023. The company also runs an e-commerce site, selling a wide range of wines from various countries and regions.

The website showcases a diverse selection of wines, including those from South Africa, Argentina, New Zealand, and more. It offers various gift options, including mixed cases and gift pairs, and also features a wine subscription service with several tiers to suit different preferences. The site also highlights its expertise in wine, with a blog offering insights into wine history, tasting notes, and pairings. It’s clear that K And L Wines And Spirits Uk Ltd is more than just a retailer; it’s a destination for wine enthusiasts.

Financially, the company’s numbers show a mixed picture. Current assets have decreased by 24%, dropping to £140,000, while net assets have plummeted 73%, resulting in a negative balance of -£15,000. Bank borrowings have increased by 59%, reaching £13,000, and cash reserves have fallen 77%, leaving just £8,500. Creditors have decreased by 15%, suggesting better management of short-term debts. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it is exempt from an audit, so the figures are unaudited. The decline in equity is a concern, but the company’s strong online presence and positive customer reviews suggest it’s working to maintain its position in the competitive wine market.

Registered in England/Wales under the registration number 06443310, with a registered address at TN25 6LZ, Ashford, Kent, 2 Old Rectory Close, Mersham.

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