Myliko International (wines) Ltd.

Myliko International Wines Ltd, based in Salford, UK, is a small, active company established 33 years ago. With 13 employees and £2,663,533 in assets, it’s a well-established importer of drinks, alcohol, and vinegar, having imported regularly for 195 months. The company boasts a 5.0 Google rating from six reviews and is managed by two directors and one owner.

The company’s website highlights its role as a wholesale distributor, catering to independent retailers, multiple retailers, and international trade partners. It sources wines from 12 countries, ranging from modern wineries to smaller, family-run operations. Featured wines, like Chalkduster Zinfandel and Ashgrove Chardonnay, showcase its diverse portfolio. The website also offers a glimpse into its producers and provides downloadable wine lists, suggesting a business model focused on wholesale distribution rather than direct-to-consumer sales.

Financially, Myliko International Wines Ltd shows a mixed picture. While cash reserves increased by a substantial 77% to £1,200,000, net assets declined by 4.8% to £1,400,000. Trade debtors decreased significantly by 20%, which is a good sign, but bank borrowings remained relatively stable. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in net assets warrants attention. Creditors also increased by 14%, which may be a result of increased activity. The director remuneration decreased slightly, suggesting cost-cutting measures. The company is exempt from an audit as a small company, so the figures are unaudited.

Registered in England/Wales under the registration number 02645621, with a registered address at M6 6BP, Salford, Canal House, 100 Lissadel Street.

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