Pirate's Grog Rum Ltd
- Small
- Active
- 13 years
- 4 employees
- £265,295 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- E-commerce
- Rating 5.0 (24)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Pirate's Grog Rum Ltd, a small company based in London, UK, has been active for twelve years, employing just four people. With assets totaling £257,236 and a real address, the company operates under the guidance of two directors and two owners. Boasting a perfect 5.0 Google rating from 24 reviews, it's a well-regarded brand. The company regularly imports wood and wood products, with the most recent shipment arriving in February 2025.
Primarily a wholesaler of wine, beer, spirits, and other alcoholic beverages, Pirate’s Grog Rum Ltd operates an attractive e-commerce website. The site showcases its flagship product, Pirate’s Grog Rum, emphasizing its history rooted in the Caribbean island of Roatan, where pirates once sought refuge. The website highlights various bundles and gifting options, alongside a blog featuring cocktail recipes and industry news. The site’s design is clean and user-friendly, with a strong focus on visual appeal and storytelling.
Financially, Pirate's Grog Rum Ltd presents a mixed picture. Current assets have decreased by 5.7% to £260,000, while net assets have dropped by 11% to -£52,000. Bank borrowings have increased by 36% to £140,000, and cash reserves have fallen by an alarming 9.4% to £570. Creditors have also decreased by 19%, which could suggest improved debt management. As a small company meeting two of three criteria (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), it’s likely exempt from an audit, relying on unaudited accounts. The substantial increase in bank borrowings, however, and the negative net assets are concerning, potentially indicating that the company is burning through cash to maintain operations. The decrease in cash reserves is also a cause for concern.
Registered in England/Wales under the registration number 08080531, with a registered address at W6 0NB, England, London, Addition Finance Ltd The Office Group, 1 Lyric Square.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 13 years
- 1
-
Resident of United Kingdom
-
Individual
- 13 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
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Total exemption full accounts made up to 2024-05-31Download 7 pages pdf report
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Confirmation statement made on 2025-05-01 with updatesDownload 4 pages pdf report
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Confirmation statement made on 2024-05-01 with updatesDownload 4 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Pirate's Grog Rum Ltd
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