Pilton Cider Ltd

Pilton Cider Ltd, based in Shepton Mallet, UK, is a small, active company founded just three years ago. With two employees and £89,052 in assets, it operates as a solo-founded venture led by a single director and owner. The business irregularly imports machinery, boilers, and mechanical appliances—parts for one month in 2023—and exports drinks, alcohol, and vinegar for one month in 2023.

The company's website highlights its focus on producing a range of whole juice ciders using traditional bittersweet cider apples from Somerset. They employ the artisan method of "keeving" to create naturally sweet ciders, experimenting with yeasts, fruits, and barrelaging techniques to produce a variety of small-batch drinks. Pilton Cider distributes its products through bottle shops, natural wine bars, and restaurants across the UK and now in ten countries worldwide.

Financially, Pilton Cider Ltd shows some concerning trends. While fixed assets decreased by 18%, cash reserves grew by a healthy 83% to £9,900. However, net assets plummeted 400% to -£23,000, and retained earnings also dropped significantly. Creditors increased by 6.5% to £160,000, suggesting a reliance on external financing. Bank borrowings decreased by 32%, which is a positive sign. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is typical for a small company.

Overall, Pilton Cider Ltd appears to be facing financial pressures despite its focus on high-quality, artisan ciders. The significant drop in equity suggests a need for careful financial management, and it's unclear if the company can sustain its growth trajectory without addressing these concerns.

Registered in England/Wales under the registration number 13926073, with a registered address at BA4 5BY, United Kingdom, Shepton Mallet, Somerset, Ag4 Anglo Trading Estate, Commercial Road.

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