Organic Grape Spirit Ltd

Organic Grape Spirit Ltd, based in Ashford, UK, is a small, active company founded five years ago. With two employees and £630,866 in assets, it’s a solo-founded venture led by two directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances – parts, with 16 months of import activity recorded, and occasionally exports drinks, alcohol, and vinegar, with just one month of export activity.

The company’s website, Organic Fair Trade Venture Ltd, positions itself as an independent organic beverage accelerator, supporting founders in developing and selling organic fair trade beverage brands. It highlights a founder, Michele Gulino, with 33 years of experience in bioethanol production, who decided to create OFT to break down barriers in the organic beverage industry. The website offers bespoke acceleration programs, partnership support, and distribution services, catering to both startups and established brands. It even boasts a showroom in Harrods, London.

Financially, Organic Grape Spirit Ltd shows a mixed picture. Current assets decreased by 18% to £630,000, while net assets declined 11% to -£2.2 million. Bank borrowings increased significantly, reaching £860, and cash reserves fell 41% to £190,000. Creditors decreased by 15%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity drop is concerning. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Organic Grape Spirit Ltd is facing financial pressures, despite its focus on organic and fair trade beverages. The company’s success hinges on its ability to attract and support emerging beverage brands, while navigating the challenges of a competitive market.

Registered in England/Wales under the registration number 12007452, with a registered address at TN24 0FL, England, Ashford, 31-37 Arrowhead Road, Waterbrook Park.

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