Peter Osborne Fine Wines Ltd

Peter Osborne Fine Wines Ltd, based in Maidenhead, UK, is a small, active company founded 21 years ago. With a single employee and £152,026 in assets, it operates from a virtual address and is led by one director and owner. Boasting a perfect 5.0 Google rating from three reviews, the company is a regular importer of drinks, alcohol, and vinegar, with 39 months of import activity recorded.

The company, trading as Watlington Fine Wines, is a well-established, family-run wine merchant offering personally selected wines from around the world. Its website highlights a focus on quality, distinctive wines, and a welcoming atmosphere for customers to browse and purchase. It also hosts wine tastings, often with overseas suppliers, and emphasizes its owner Martin Chapman’s 54 years of experience in the wine trade. The website also mentions a connection to Fairmile Vineyard, showcasing a video and encouraging customers to purchase their wines.

Financially, Peter Osborne Fine Wines Ltd shows a mixed picture. Current assets have fallen by 16% to £150,000, while net assets have decreased by nearly 5% to £92,000. Cash reserves have also declined by 9.1% to £37,000. Bank borrowings have vanished completely, a positive sign, but other creditors have increased by 21%. Trade debtors have also fallen by 25%. The company meets two of three conditions to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company.

While the company's online presence and focus on quality wines are promising, the decrease in assets and cash reserves suggest it’s facing some financial pressure. The business seems to be holding its own, but whether it can maintain its momentum remains to be seen.

Registered in England/Wales under the registration number 04848570, with a registered address at SL6 0JQ, Maidenhead, Berkshire, 2 Lake End Court, Taplow Road Taplow.

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