Oakley Wine Agencies Limited

Oakley Wine Agencies Ltd from Colchester UK: a small, active company established 18 years ago, employs five people, and holds assets of £935,862. It’s a real address, managed by five directors and one owner. The company regularly imports drinks, alcohol, and vinegar—five months worth, with the last import occurring in January 2024. Operating within the agents involved in the sale of food, beverages and tobacco industries, Oakley Wine Agencies is a modest player meeting two of three conditions for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s website paints a picture of a specialist wine broker focusing on Iberian wines—specifically, Portugal and Spain. They act as an export office for 25 wineries across 26 regions, connecting wineries directly with customers. All wine is supplied directly from the winery cellar door to your warehouse. They pride themselves on offering customers the best, direct pricing. The website also highlights a team of seven individuals, including the founders, Nick and Jane Oakley, and other key personnel managing sales, finance, and logistics.

Financially, Oakley Wine Agencies Ltd shows a mixed bag. Current assets have decreased by 7.7% to £940,000, while net assets have increased by 11% to £390,000. Bank borrowings have remained constant at £7,900. Creditors have decreased by 14% to £780,000, and trade debtors have also decreased by 15% to £760,000. The increase in equity suggests improved profitability, but the drop in cash reserves—down 73% to £180,000—could indicate increased investment or operational expenses. As a small company, it’s exempt from an audit, so the figures are unaudited. The company’s reliance on direct winery relationships and competitive pricing may be contributing to its financial position.

Registered in England/Wales under the registration number 06221813, with a registered address at CO3 3EN, England, Colchester, 51 Crouch Street.

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