Lea & Sandeman Company Limited

Lea & Sandeman Company Limited, based in London, UK, is a well-established holding company with an active status. Founded 37 years ago in November 1987, the company employs 42 people and holds assets totaling £7,516,601. It operates from a real address and is overseen by two directors and one owner. The company’s website showcases a wide range of wines, spirits, and accessories, indicating a thriving e-commerce operation and a 4.0 Google rating based on 5 reviews. It’s a regular importer and exporter of drinks, alcohol, and vinegar, with 698 months of import activity and 46 months of export activity.

Lea & Sandeman’s business revolves around being a wine merchant, importing and selling fine wines to both wholesale and retail customers. The website is well-designed, with a focus on showcasing a diverse selection of wines from around the world, including Bordeaux, Burgundy, Italy, Spain, and Portugal. It even has a section dedicated to Champagne and sparkling wines, as well as spirits and accessories. The site also features staff picks and curated lists, adding a personal touch to the shopping experience.

Financially, Lea & Sandeman shows a mixed picture. Current assets increased by 19% to £7,500,000, while net assets grew by a substantial 48% to £3,800,000—a positive sign. However, bank borrowings increased by 33% to £660,000, and cash reserves rose by 130% to £4,900. Staff costs increased by 14%, reaching £2,100,000. The company's size (meeting two of three criteria for a large company) suggests it’s a significant player in the wine merchant sector. The lack of an auditor mentioned in the report suggests it's exempt due to its size, relying on unaudited statements.

The increase in bank borrowings and staff costs, while potentially linked to growth, could also indicate increased operational expenses. The substantial rise in cash reserves, however, suggests the company is managing its finances effectively. Overall, Lea & Sandeman appears to be a healthy and active business, benefiting from its established reputation and online presence, though it's important to monitor its debt levels and operational efficiency going forward.

Registered in England/Wales under the registration number 02190567, with a registered address at SW10 9PR, London, 170 Fulham Road.

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