Milestone Wines Limited

Milestone Wines Ltd from Chorley UK is a small holding company with an active status, established ten years ago in 2014. The company employs seven people and holds assets valued at £692,978. While it has four directors and one owner, its registered address is probably virtual, as seventy-nine companies share the same location. Milestone Wines is a regular importer of drinks, alcohol, and vinegar, with 158 months of import activity recorded, the last being February 01, 2025.

The company operates primarily as a wine supplier, as evidenced by its website. It doesn’t appear to be an e-commerce site—customers don’t buy directly from the site—but rather a platform for showcasing its producers and wines. Miles Corish, the Managing Director and Master of Wine, is a central figure, highlighted on the website alongside a selection of producers. The site features producer spotlights, new arrivals, and a newsletter signup, suggesting a focus on building relationships with trade customers rather than direct-to-consumer sales. It seems they are more focused on wholesale and trade.

Financially, Milestone Wines Ltd shows a mixed picture. Cash reserves decreased by 39% to £99,000, while bank borrowings saw a dramatic 92% reduction to just £2,900. Trade debtors increased by 24% to £220,000, and creditors decreased by 26% to £180,000. Although the company is small, meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees, the decline in cash and increase in debtors could signal some financial strain. The company's net assets also decreased by nearly 5%, and the auditors aren't mentioned, which is likely due to the company's small size.

Overall, Milestone Wines Ltd appears to be a well-established, albeit small, business navigating the challenges of the wholesale wine market. It’s clear they are focused on building relationships with producers and trade customers, but the recent financial trends suggest they may need to keep a close eye on cash flow and debtor management.

Registered in England/Wales under the registration number 09181165, with a registered address at PR7 6HD, England, Chorley, Lancashire, Unit 1 Guest House Farm Runshaw Lane, Euxton.

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