Lwc Drinks Limited
- Large
- Holding
- Active
- 13 years
- 1199 employees
- £114,695,903 (assets)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Regular exporter
- E-commerce
- Rating 4.0 (60)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Social media
Phones
Summary
LWC Drinks Ltd, a large company based in Manchester, UK, is a holding company with an active status, established thirteen years ago. Employing 1,199 people, the company holds assets valued at £114,695,903. With a real address and three directors, alongside one owner, LWC Drinks operates an e-commerce site and maintains a Google rating of 4.0 based on 60 reviews. The company regularly imports, exports, and distributes drinks, alcohol, and vinegar, with 1011 months of import activity and 68 months of export activity recorded.
The company's website highlights its role as the UK's largest independent drinks wholesaler, catering to a wide range of licensed establishments. It offers a vast selection of wines, spirits, beers, and soft drinks, with a focus on both own-brand products and established brands. LWC also provides services like training, marketing support, and efficient delivery, emphasizing its commitment to customer success. The site showcases a diverse portfolio, including signature brands, a dedicated section for LWC brochures, and a focus on customer partnerships. It even features a blog and media hub, keeping customers informed about industry trends and company news.
Financially, LWC Drinks Ltd demonstrates robust performance, though with some notable shifts. Current assets increased by 12% to £110 million, while net assets surged by 35% to £110 million—a positive sign. However, bank borrowings increased significantly, reaching £24 million, and cash reserves decreased by 94%, dropping to £970,000. Creditors increased by 19%, and trade debtors increased by 33%. The company’s large size (meeting two of three criteria for a large company) suggests a stable foundation. The financial statements were audited by Royce Peeling Green Limited.
These figures indicate a period of expansion and investment for LWC Drinks Ltd. The increase in bank borrowings and decrease in cash reserves could be attributed to strategic acquisitions or increased inventory levels to meet growing demand. While the increase in creditors suggests a need for improved cash flow management, the overall financial picture remains strong, reflecting the company’s position as a leading player in the UK drinks wholesale market.
Registered in England/Wales under the registration number 07677007, with a registered address at M24 1SW, England, Manchester, Lwc Drinks Ltd Greenside Way, Middleton.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Licensed Wholesale Company Ltd
- 9 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Cowen Mark Phillip
- 3 years
- 12
-
Resident of United Kingdom
-
Individual
- Gray Robin Macewan
- 13 years
- 9
-
Resident of United Kingdom
-
Individual
- Mukadam Ebrahim Kassam
- 13 years
- 11
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Confirmation statement made on 2024-06-21 with no updatesDownload 3 pages pdf report
-
Full accounts made up to 2023-09-30Download 33 pages pdf report
-
Registration of charge 076770070017, created on 2023-08-01Download 29 pages pdf report
Lwc Drinks Limited controls
Owns & Controls
-
Corporate
- Gbc Topco Limited
- 11 months
- 75%+
-
Resident of United Kingdom
-
Corporate
- Hills Prospect Holdings Ltd
- 1 year
- 75%+
-
Resident of United Kingdom
-
Corporate
- H.t.white & Companylimited
- 7 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
Last imported products
Similar importers
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- HS codes
- Financial data
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Exporter profile by HS codes
Last exported products
Similar exporters
- Company names
- HS codes
- Financial data
- Officers and owners
FAQ about Lwc Drinks Limited
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