Laurence Philippe Wines Limited

Laurence Philippe Wines Ltd from Chelmsford UK: a small, active company established 44 years ago in 1981, employs ten people, and holds £844,245 in assets. With a real address, two directors, and a solo founder, Lawrence Alan William Mark, the company regularly imports drinks, alcohol, and vinegar (17 months) and exports iron or steel products (29 months). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company operates in the distilling, rectifying, and blending of spirits industries, and its website showcases a focus on wine selection and distribution. Laurence Philippe Wines Ltd positions itself as a supplier to the trade, offering a wide range of wines, beers, and ales, including exclusive German selections. They also provide wine list printing services and staff training, and even offer wine tastings. The website is well-designed, and easy to navigate, with a clear focus on showcasing their product range and services. It’s clear that the company is trying to build a strong brand identity and provide a comprehensive service to its customers.

Financially, Laurence Philippe Wines Ltd’s report shows some interesting trends. Cash bank on hand increased by a substantial 25%, reaching £260,000, while current assets rose 12% to £840,000. However, net losses deepened considerably, from -£10,000 to -£46,000, and corporation tax payable jumped 420% to £46,000. Trade debtors also increased by 13%, reaching £340,000, which could indicate a reliance on customer payments. Despite this, creditors decreased by nearly 20%, suggesting improved debt management. The company’s small size helps it remain agile, but the increased losses and tax liabilities are something to watch. The accounts are unaudited, as is common for small companies, and there is no mention of an auditor.

Registered in England/Wales under the registration number 01552679, with a registered address at CM2 7LE, Chelmsford, Essex, 1 Brewery Fields, Great Baddow.

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