Lazydog Distillery Ltd

Lazydog Distillery Ltd, based in Coalville, UK, is a small, family-run business with an active status. Founded five years ago in December 2019, it employs just two people and holds £49,190 in assets. The company, with two directors and two owners, operates from a real address and has a 5.0 Google rating based on 26 reviews. It's an irregular importer, primarily dealing in glass and glassware, with the latest import occurring in September 2024. The distillery also runs an e-commerce site, selling its award-winning rum.

The company's website highlights its focus on handcrafted, small-batch rum production in the heart of England. It also features a blog and social media presence, emphasizing customer satisfaction and a hassle-free returns process. The site even includes a section dedicated to contract distilling, suggesting a willingness to collaborate with other businesses. Lazydog Distillery Ltd also owns 1884 Spirit Co. Limited.

Financially, Lazydog Distillery Ltd presents a mixed picture. While cash reserves have grown significantly by 62% to £36,000, net assets have dramatically improved, increasing by 190% to £11,000. However, bank borrowings have remained consistent at £4,000. Trade debtors have also increased by 54%, which could indicate a need to manage customer payments more effectively. Creditors have decreased by 2.8%, suggesting better debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit as a small entity.

Despite the positive trends in cash flow and equity, the increase in trade debtors warrants attention. The company's success hinges on maintaining its high Google rating and leveraging its family-run ethos to appeal to customers seeking authentic, British-made spirits.

Registered in England/Wales under the registration number 12346887, with a registered address at LE67 8FB, England, Coalville, Unit R, Hall Farm Ashby Road, Coleorton.

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