Mysterious Wines Ltd

Mysterious Wines Ltd is a small, active company based in London, UK, founded four years ago in April 2020. The company, with just one employee, holds £30,483 in assets and operates from a virtual address, registered at 14 David Mews. It's a private limited company with one director and one owner, Amdur Zachary David, who also acts as the director. The business runs an e-commerce site specializing in retail sales via mail order and internet.

The website, Australian Wines Online, showcases a vast selection of wines from across Australia, catering to diverse tastes and budgets. It features over 400 different wines, from well-known producers like Balnaves and McGuigan to smaller boutique wineries. The site offers mixed cases, gift vouchers, and regional cases, alongside a blog with articles on wine pairings and gift ideas. It's clear the company is focused on providing a convenient and comprehensive online wine shopping experience.

Financially, Mysterious Wines Ltd presents a mixed picture. While bank borrowings increased to £8,500, cash reserves completely disappeared, dropping 100% to zero. Creditors rose by 22% to £200,000, while current assets decreased by 14% to £30,000. Equity also took a hit, dropping 32% to -£170,000. Despite these challenges, the company’s small size (meeting two of three criteria for a small company) allows for flexibility. The lack of an auditor mentioned likely means the accounts are unaudited.

It seems Mysterious Wines Ltd is facing some financial pressure, with a reliance on borrowing and a decrease in cash reserves. However, the active e-commerce site and wide selection of wines suggest a continued focus on sales and customer engagement—though whether this will be enough to turn the tide remains to be seen.

Registered in England/Wales under the registration number 12565009, with a registered address at W1U 6EQ, England, London, 14 David Mews.

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