Provinance Ltd
- Active
- Small
- 4 years
- 2 employees
- £800,562 (cur assets)
- 1m-15m
- Regular importer
- Regular exporter
- Virtual address
- 2 directors
- 3 owners
- Colchester
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 1 month ago, a good sign to sell them something.
Field of Operation
Website
Social media
Summary
Provinance Ltd from Colchester UK: a small, active company founded just three years ago, employs two people, and holds £1,409,283 in assets. It operates from a virtual address, managed by three directors and three owners. The company regularly imports drinks, alcohol, and vinegar—a consistent pattern over the past 23 months, with the most recent import in January 2025—and exports the same products, though less frequently, with eight months of export activity concluding in July 2023.
The company’s core business involves the wholesale of wine, beer, spirits and other alcoholic beverages. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. Cash reserves have increased by a healthy 40% to £340,000, which is good. However, creditors have also risen significantly by 54% to £920,000—a potential cause for concern. Trade debtors are up 38% to £880,000, which could indicate difficulties in collecting payments. Interestingly, the company’s equity has grown by 160% to £160,000, suggesting a positive injection of capital.
Despite the growth in assets and equity, the company's net assets still only amount to £490,000. The increase in creditors and debtors, however, may indicate that the company is relying more on short-term financing. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. The company’s inventory has also increased by 75% to £190,000, which could be a sign of increased demand or overstocking. Overall, Provinance Ltd appears to be growing, but it’s important to monitor its debt levels and cash flow closely.
Registered in England/Wales under the registration number 13917953, with a registered address at CO7 7QR, United Kingdom, Colchester, Essex, 4 & 5 The Cedars Apex 12, Old Ipswich Road.
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
- 3 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 3 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 3 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
- 2
-
Resident of United Kingdom
-
Individual
- 4 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eighteen days ago.
Last news
-
Confirmation statement made on 2026-02-14 with updatesDownload 4 pages pdf report
-
Termination of appointment of Daniel Lovedale as a director on 2026-02-03Download 1 page pdf report
-
Total exemption full accounts made up to 2025-03-31Download 14 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Export HS codes in detail
Last exported 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.
FAQ about Provinance Ltd
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