Must & Lees Ltd

Must & Lees Ltd, based in Sheffield, UK, is a small, active company founded four years ago. With two employees and £78,302 in assets, it operates from a virtual address—a detail flagged by the presence of 101 other companies registered at the same location. The business, owned and directed by Cassell Christopher Paul, is a solo founder venture with a 5.0 Google rating from 46 reviews, indicating a positive customer experience. It functions as an e-commerce site, regularly importing drinks, alcohol, and vinegar—a trend observed over the last three months.

The company’s website, Must Lees Wine Merchant, showcases a diverse range of wines, spirits, and related services, including a wine school and bar. It offers both online sales and a physical presence with locations in Fitzrovia and Islington, London. The site also promotes events, a wine club, and wedding services, highlighting a commitment to customer engagement and a broader offering beyond simple retail. The business operates in both retail sale of beverages and education, suggesting a focus on both sales and expertise.

Financially, Must & Lees Ltd presents a mixed picture. Cash reserves have decreased significantly by 86%, dropping to £3,700. Creditors have doubled to £69,000, while trade debtors have risen to £23,000. Equity has also fallen by nearly 50%, settling at £24,000. While current assets remain relatively stable at £78,000, the sharp decline in cash and increase in liabilities suggest the company may be burning through money. The company’s small size—meeting two of three conditions for a small company—helps it remain agile, but the financial trends raise concerns about its long-term sustainability. No auditor is mentioned, reflecting its exemption as a small company.

Registered in England/Wales under the registration number 13390975, with a registered address at S11 8YZ, England, Sheffield, South Yorkshire, 5 Westbrook Court, Sharrow Vale Road.

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