Off-piste Wines Limited

Off-Piste Wines Ltd from Cheltenham, UK, is a large holding company with an active status, having been founded eighteen years ago. The company employs forty people and holds assets valued at £28,279,000. While registered at a formal address, it’s likely a virtual address as 113 companies share the same location. Eight directors and one owner oversee operations, and the company enjoys a perfect 5.0 Google rating based on three reviews. The company regularly imports and exports drinks, alcohol, and vinegar, with 466 months of import activity and 284 months of export activity recorded.

The company’s website showcases a range of award-winning brands, highlighting its commitment to bringing premium wines to the UK and global markets. It operates as a distributor, working closely with producers and offering a selection of wines available for purchase. The site also features news and updates, demonstrating its engagement with the wine industry.

Financially, Off-Piste Wines Ltd presents a mixed picture. While cash bank on hand increased significantly by 450% to £7.7 million, administrative expenses rose by 15% to £5.4 million. Director remuneration increased slightly by 1.3% to £770,000. Net assets grew by 23% to £16 million, which is a positive sign. However, debts owed by group undertakings vanished completely, and finished goods decreased by 38%. The company's large size (meeting two of three conditions for a large company) suggests a stable foundation, but the fluctuating debts warrant closer monitoring. The company’s financial statements were audited by Azets Audit Services. It’s a little unclear how the company’s performance will be in the future, but the company seems to be doing okay.

Registered in England/Wales under the registration number 05885139, with a registered address at GL50 3PN, England, Cheltenham, Formal House, 60 St. Georges Place.

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