Kinnaird Head Whiskies Ltd

Kinnaird Head Whiskies Ltd is a small, active company based in Fraserburgh, UK, founded four years ago in September 2020. It holds £14,842 in assets and operates from a real address, managed by one director and two owners. The company specializes in retail sales via mail order and internet, offering a wide range of whiskies and spirits, from core products to small-batch independent bottlings.

The company's website showcases a diverse selection of whiskies, gins, rums, and brandies, alongside gift items and a sale section. It encourages customers to sign up for a mailing list and offers video chats to help find the perfect bottle. Featured products include the Lochlea Ploughing Edition, Living Souls 40 year old Blended Scotch, and various other new releases. The website emphasizes a commitment to great prices, value, and customer service.

Financially, Kinnaird Head Whiskies Ltd presents a mixed picture. Cash bank on hand increased by a healthy 33% to £2,800, and corporation tax payable rose significantly by 140% to £980. However, net assets liabilities saw a dramatic improvement, increasing by 320% to £2,900. Trade creditors and payables decreased by a whopping 100%, suggesting improved debt management, but overall net current assets liabilities fell by 72% to £2,700. The company’s small size (meeting two of three conditions for a small company) helps with agility, but the large decrease in net assets raises questions. With no auditor mentioned, the figures are unaudited.

While the company appears to be operating and selling product, the financial data suggests it may be burning through cash. The decrease in net assets, despite improved cash flow, indicates a need to carefully manage expenses and potentially increase sales to ensure long-term sustainability.

Registered in Scotland under the registration number SC674947, with a registered address at AB43 1AG, United Kingdom, Fraserburgh, Aberdeenshire, PO BOX 11489 24 Commerce Street.

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