Liquor-ish Ltd

Liquor-ish Ltd is a small, active company based in London, UK, founded six years ago in 2018. It employs just two people and holds £144,787 in assets, operating from a real address at 4 Hampstead West, 224 Iverson Road. The company is owned and directed by Malhotra Deepak Kumar and Sabharwal Sachin, who also serve as directors. Liquor-ish Ltd runs an e-commerce site and operates in the wholesale of wine, beer, spirits and other alcoholic beverages industries. It’s a irregular importer, with its top import category being Paper and Paperboard Products, totaling 2 months of imports. The last import operation was conducted on November 01, 2022.

The company’s website, Liquorish Online, is a vibrant e-commerce platform specializing in women's clothing. It offers a wide range of dresses, from wrap dresses to maxi dresses, catering to various occasions and styles. The site’s navigation is well-organized, with clear categories and filters, and it supports a multitude of currencies and regions. It’s a well-designed site, though it does require Javascript to function correctly.

Financially, Liquor-ish Ltd is showing some concerning trends. Current assets have fallen by 40% to £140,000, while net assets have dropped by 51% to -£79,000. Bank borrowings have decreased by 57% to £33,000, and cash reserves have vanished completely. Creditors have also decreased significantly, falling by 48% to £41,000. Trade debtors have fallen by 46% to £14,000. 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 nimble, but the significant equity drop suggests it’s burning through cash. Loans from directors have increased by 26% to £130,000. The accounts are unaudited, likely due to its status as a small company.

While the e-commerce side appears to be functioning well, the financial picture reveals a company facing challenges. The decrease in assets and the negative equity raise questions about its long-term viability, but the company's focus on a niche market and its e-commerce presence could provide a path to recovery.

Registered in England/Wales under the registration number 11489946, with a registered address at NW6 2HL, England, London, 4 Hampstead West, 224 Iverson Road.

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