Mundus Wines Limited

Mundus Wines Ltd is a small, active company founded 26 years ago, in 1999. Based in Belfast, Northern Ireland, it employs just two people and holds £318,261 in assets. The company, which has a real address and three directors, has a stellar 5.0-star Google rating based on a single review. It's a regular importer of drinks, alcohol, and vinegar, with 35 months of import activity recorded, the last in October 2024.

The company operates in the wholesale of wine, beer, spirits, and other alcoholic beverages, with a secondary website, Mundus Pianos, revealing a different venture: high-end piano restoration. Founded in 1975 and now celebrating its 50th anniversary, the piano division operates from Cambridge and even has a showroom in Harrods, London. The company prides itself on museum-grade restorations, self-play system integrations, and disaster recovery for damaged pianos. Despite the shared "Mundus" branding, it’s unclear how closely the two businesses are linked, but both emphasize family ownership and British craftsmanship.

Financially, Mundus Wines Ltd shows mixed signals. Current assets decreased by 4.8% to £320,000, while net assets plummeted 12% to £85,000—a significant decline. Bank borrowings surged by 72%, reaching £64,000, and cash reserves fell 18% to £97,000. On the upside, creditors decreased by 23%, 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 stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Mundus Wines Ltd is holding steady but facing pressures. Its piano arm, meanwhile, thrives on prestige and heritage—a contrast to the more modest retail operations. Whether the two can sustain each other long-term remains to be seen.

Registered in Northern Ireland under the registration number NI035574, with a registered address at BT5 6NG, 3 Kensington Road, Belfast.

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