Kettlesing Distilling Company Limited

Kettlesing Distilling Company Limited, based in Harrogate, UK, is a small, family-owned business established eight years ago. With a single employee and £82,238 in assets, the company operates from a real address and is led by two directors and owners, Thompson James Edward and Thompson Richard Ian. It’s an active status, and the company specializes in contract distilling and bottling services for alcohol, catering to both fledgling spirit brands and corporate gifting. They also offer recipe development, blending expertise in botanicals with time-honoured distillation techniques.

The company's website highlights its craftsmanship and positions itself as a trusted partner for alcohol bottling and contract distilling, offering services from 20cl bottles up to magnums. They also have a blog covering topics like alcohol warning labels and the process of bottling, showcasing their knowledge and experience. The company’s name comes from the village in which their distillery is based, in the stunning Yorkshire Dales.

Financially, Kettlesing Distilling shows some interesting trends. While cash bank on hand increased significantly—a whopping 1000% to £29,000—creditors decreased by 30% to £16,000. However, net assets also decreased by 18% to -£57,000, and the company’s bank borrowings increased by 2,400%, reaching £29,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity drop raises questions. The company’s trade debtors decreased by 11%, suggesting better debt management. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Kettlesing Distilling appears to be navigating some financial pressures, despite the growth in cash reserves. The increased borrowing and decreased equity suggest that the company may be burning through money, but the contract distilling services seem to be keeping it afloat.

Registered in England/Wales under the registration number 10453120, with a registered address at HG2 8PB, England, Harrogate, Suite 7 Sceptre House, Hornbeam Park.

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