Promotion Wine Limited
- Active
- Small
- 23 years
- 4 employees
- £189,661 (cur assets)
- 0-1m
- Irregular importer
- Virtual address
- 1 director
- 1 owner
- Solo founder
- Essex
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
Social media
Summary
Promotion Wine Ltd, from Essex UK, is a small, active company founded 22 years ago in 2003. With just four employees and £227,800 in assets, it's a solo-founded operation led by a single director and owner. The company operates from a virtual address – 55 other companies are registered at the same location – and describes itself as an irregular importer, having imported drinks, alcohol, and vinegar for just two months, with the last import activity recorded in June 2022.
The company’s website showcases a focus on wine merchants and private clients. It offers a range of services, including wine list design, consultation, and personal concierge. The site highlights a curated selection of wines, spirits, and even piano restoration services through its subsidiary, Cellar Classics Limited. It’s clear that Promotion Wine Ltd is aiming to provide a personalized service to both trade and private customers, helping them explore a variety of wines and spirits.
Financially, Promotion Wine Ltd presents a mixed picture. Current assets have decreased by 17% to £230,000, while net assets have fallen by 4.6% to £62,000. Bank borrowings have been reduced by 34%, a positive sign, but cash reserves have also dropped by 40% to £56,000. Creditors have decreased by 21%, suggesting better debt management. The company's small size—meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—helps it remain flexible. The lack of an auditor mentioned (likely exempt as a small company) means the figures are based on unaudited statements.
In short, Promotion Wine Ltd appears to be navigating a period of financial adjustment. While the company’s focus on personalized service and curated selection is appealing, the decrease in cash reserves warrants close monitoring.
Registered in England/Wales under the registration number 04714032, with a registered address at CM2 0AW, Essex, 146 New London Road, Chelmsford.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 22 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
Change of details for Mr. Ronald Timothy Newton-Ferguson as a person with significant control on 2026-01-29Download 2 pages pdf report
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Director's details changed for Ronald Timothy Newton Ferguson on 2026-01-29Download 2 pages pdf report
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Total exemption full accounts made up to 2025-06-30Download 8 pages pdf report
Promotion Wine Limited controls
Owns & Controls
-
Corporate
- 9 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Import HS codes in detail
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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