Michael Sutton's Cellar Limited

Michael Sutton's Cellar Limited, based in Dartmouth, UK, is a small, family-run business with an active status. Founded nine years ago in 2015, the company employs just one person and holds £98,465 in assets. It operates a real address and is managed by two directors and owners, Jonathan James and Susan Jayne Sutton-Scott-Tucker. The business has a strong online presence with an e-commerce site and a perfect 5.0 Google rating based on 41 reviews. It regularly imports drinks, alcohol, and vinegar, with 11 months of import activity recorded, the latest in September 2024.

The company specializes in the retail sale of beverages in specialised stores. Its website is not available, so it is unclear what the company’s online presence looks like.

Financially, Michael Sutton's Cellar Limited shows some concerning trends. Current assets decreased by 17% to £98,000, while net assets dropped 15% to £94,000. Cash reserves fell 56% to £17,000, and bank borrowings increased significantly. Creditors decreased by 38%, suggesting better debt management. 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 remain agile, but the decrease in equity is a point of concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s declining cash reserves and net assets suggest it might be burning through money, although it’s difficult to say for sure without more information. The decrease in equity could be due to a number of factors, such as increased expenses or decreased sales. It's possible that the company is reinvesting in its business, but it's also possible that it's facing financial challenges. The directors' responsibilities under the Companies Act are acknowledged, and the company is entitled to exemption from audit.

Registered in England/Wales under the registration number 09668583, with a registered address at TQ6 0LG, England, Dartmouth, Devon, Riversbridge, Embridge.

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