Manchester Drinks Company Ltd

Manchester Drinks Company Ltd, based in Bury, UK, is a sizable player in the beverage industry, operating as a large company with an active status. Established nineteen years ago in 2005, it employs a small team of four individuals and manages assets totaling £15,595,692. The company’s registered address is real, with only three other companies registered at the same location. It’s steered by three directors, although no owners are officially listed, suggesting a complex ownership structure.

The company specializes in the wholesale of fruit and vegetable juices, mineral water, and soft drinks, as well as wine, beer, spirits, and other alcoholic beverages. It’s a regular importer of plastics and plastic products, having imported for 54 months, with the latest shipment arriving in January 2025. Simultaneously, it’s a regular exporter of drinks, alcohol, and vinegar, having exported for 68 months, with the last shipment leaving in December 2024. Its website highlights a focus on innovative soft drinks, licensed beverages, and custom packaging solutions, including popular brands like Slush Puppie Pouches and Popa Boba Bubble Tea.

Financially, Manchester Drinks Company Ltd shows a mixed picture. While cash reserves increased by a healthy 37% to £8.1 million, turnover plummeted 43% to £19 million. This significant drop in revenue is concerning, though it could be due to various factors. Net assets, however, grew by 4% to £15 million. Bank borrowings decreased slightly, but the company’s reliance on creditors increased by 55%, suggesting potential cash flow pressures. Staff costs increased by 16%, which is a natural consequence of the average number of employees increasing by 75% to seven. The lack of an auditor mentioned in the report means the figures are unaudited, which is common for companies of this size.

Overall, Manchester Drinks Company Ltd appears to be navigating a period of change. While its asset base is strong, the decline in turnover warrants close monitoring. The company’s ability to maintain its market position and manage its cash flow will be crucial for its future success.

Registered in England/Wales under the registration number 05475848, with a registered address at BL9 5BN, United Kingdom, Bury, Lancashire, Suite 30, Imperial House, 79-81 Hornby Street.

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