N D John Wine Merchants Limited

Nd John Wine Merchants Ltd, based in Swansea, UK, is a small, active company established 24 years ago. With 13 employees and £1,142,523 in assets, it's a well-established player in the region. The business, run by two directors and one owner, boasts a stellar 5.0 Google rating from 173 reviews, reflecting a strong reputation. Regular importer of drinks, alcohol, and vinegar (116 months imported), the company’s core focus is wholesale distribution.

The company operates a website, ND John Wines, offering a wide selection of wines, champagnes, spirits, and beers, available for online purchase. The site is well-organized, featuring categories for wine type, country of origin, grape variety, and region. It also includes a "Tasting" section with curated selections and gift options. The website appears to be primarily an e-commerce platform, allowing customers to browse and purchase products online. There’s a clear emphasis on showcasing a diverse range of brands and vintages, catering to both casual drinkers and connoisseurs.

Financially, Nd John Wine Merchants Ltd presents a mixed picture. While current assets have decreased by 7.3% to £1,100,000, net assets have increased by 8.2% to £300,000. Bank borrowings have decreased significantly by 38%, falling to £46,000, which is a positive sign. However, cash reserves have plummeted 98%, leaving only £620. Creditors have also decreased by 38%, suggesting improved debt management. The company’s small size (meeting two of three conditions for being small) helps it remain agile, but the dramatic drop in cash reserves is a cause for concern. The lack of an auditor mentioned likely means the financial statements are unaudited.

It's clear the company is a well-regarded retailer, but the significant decrease in cash reserves suggests it may be burning through money faster than it’s bringing it in. Whether this is a temporary blip or a more fundamental issue remains to be seen, but the company’s strong online presence and positive customer reviews offer some reassurance.

Registered in England/Wales under the registration number 04077219, with a registered address at SA1 2NT, Wales, Swansea, Unit 2, Millbrook Trading Estate Siloh Road, Landore.

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