Proof Drinks Limited
- Active
- Large
- Holding
- 17 years
- 0 employees
- £13,541,968 (cur assets)
- Regular importer
- Regular exporter
- Virtual address
- 2 directors
- 5 owners
- Family business
- London
- Rating 5.0 (1)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Summary
Proof Drinks Ltd, based in London, UK, is a large, holding company with an active status. Established 17 years ago, in 2008, it employs 45 people and holds assets worth £10,429,340. Despite a real registered address, the company operates from a virtual address, as 86 companies are registered at the same location. The business is led by two directors and owned by five individuals, and it's described as a family business, boasting a perfect 5.0 Google rating from one review. Proof Drinks regularly imports drinks, alcohol, and vinegar (225 months) and occasionally exports them (3 months).
The company’s website is not available, so it’s difficult to determine if it operates an e-commerce platform. However, it’s clear that Proof Drinks is a wholesale distributor of alcoholic beverages. The company owns a subsidiary, Cut Rum Limited, and is involved in importing and exporting drinks.
Financially, Proof Drinks Ltd shows a mixed picture. While bank borrowings decreased significantly by 61%, dropping to £330,000, cash reserves increased by 84%, reaching £220,000. However, net assets decreased by 78%, falling to -£1.1 million. Creditors also decreased by 5%, and administrative expenses remained constant. The company’s size (meeting two of three criteria for a large company) suggests it’s a substantial player in its industry. The company’s accounts were audited by Hardwick & Morris LLP.
The significant drop in net assets, despite increased cash reserves, is a cause for concern. It could be attributed to increased investment in inventory or expansion efforts, but it warrants further investigation. The company’s reliance on a virtual address also raises questions about its operational transparency. Overall, Proof Drinks Ltd appears to be navigating a period of change, with both opportunities and challenges ahead.
Registered in England/Wales under the registration number 06558609, with a registered address at SE1 1RU, United Kingdom, London, C/O L&C Llp City Bridge House, 57 Southwark Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 2 years
- 5
- 50%+
-
Resident of United Kingdom
-
Individual
- 3 years
- 25%+
-
Resident of United States
-
Individual
- 3 years
- 25%+
-
Resident of United States
-
Individual
- 3 years
- 25%+
-
Resident of United States
-
Individual
- 3 years
- 25%+
-
Resident of United States
Managers
-
Individual
- 3 years
-
Resident of Ireland
-
Individual
- 15 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Full accounts made up to 2025-03-31Download 28 pages pdf report
-
Change of details for Jp Drinks Limited as a person with significant control on 2025-09-01Download 2 pages pdf report
-
Director's details changed for Bryan Fallon on 2025-09-01Download 2 pages pdf report
Proof Drinks Limited controls
Owns & Controls
-
Corporate
- 9 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Proof Drinks Limited
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