Morgan Classic Wines Limited

Morgan Classic Wines Ltd, based in East Sussex, UK, is a small, family-run business with an active status. Founded 25 years ago in 1999, it employs six people and holds assets totaling £863,657. The company operates from a virtual address, registered at a location shared by ten other businesses, and is overseen by four directors and two owners. It’s a regular importer and exporter of drinks, alcohol, and vinegar, with 30 months of import activity and a substantial 563 months of export activity, the last operation being February 1, 2025.

The company’s website, salesmorganclassics.com, showcases a wide range of wines from various regions and countries, available for purchase online. It caters to both trade and private clients, offering a diverse selection from Bordeaux and Burgundy to California and Australia. The site also highlights a valuation service for well-cellared stocks, recognizing the potential value of fine and rare wines. The website’s extensive list of producers and regions, from A. Christmann to Weingut Leitz, demonstrates a deep understanding of the wine market.

Financially, Morgan Classic Wines Ltd shows a mixed picture. Current assets increased by 29% to £860,000, while net assets remained relatively stable at £270,000. Cash reserves, however, surged by a remarkable 96% to £500,000—a positive sign of improved liquidity. Trade debtors increased by 25% to £200,006, and creditors rose by 43% to £620,000, suggesting a need to manage supplier payments. 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. With no auditor mentioned, the figures rely on unaudited statements.

The company’s strong export history, combined with a growing cash position, suggests a resilient business model. However, the increase in trade debtors and creditors warrants attention. The virtual address, shared by ten other companies, raises questions about operational efficiency, but the company’s long history and family ownership provide a foundation for continued success.

Registered in England/Wales under the registration number 03790702, with a registered address at BN7 2NZ, East Sussex, 1 West Street, Lewes.

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