Red Distillery Limited

Red Distillery Limited, based in Liphook, UK, is a small holding company with an active status. Founded six years ago in 2019, it employs 32 people and holds assets worth £3,566,863. The company has four directors and one owner, and operates from a real address shared by five other businesses. It regularly imports glass and glassware, with seven months of import activity recorded, and exports drinks, alcohol, and vinegar irregularly, with two months of export activity.

The company’s website highlights its comprehensive services, operating as a “one-stop shop” for drinks manufacturers. It offers product development, master distilling, bottling (across three automated lines), canning, procurement, and storage – essentially handling every step from initial concept to market distribution. They even boast a tested distribution network, managing logistics and customs for clients. It’s clear they’re not an e-commerce business themselves, but rather a contract manufacturer and service provider.

Financially, Red Distillery Limited presents a mixed picture. Current assets have increased significantly by 110%, reaching £3,600,000, while net assets have surged by 160%, now standing at £1,300,000. Cash reserves have also seen a dramatic increase, up 210% to £620,000. However, bank borrowings have decreased by 30%, settling at £47,000. Creditors have also decreased by 30%, and trade debtors have ballooned by 91%, which could indicate a shift in payment terms or increased sales on credit. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the significant increase in trade debtors warrants monitoring. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s growth in assets and cash reserves suggests a period of expansion, but the increase in trade debtors should be watched closely. It seems like they're doing well, but it's important to keep an eye on those outstanding payments.

Registered in England/Wales under the registration number 11774118, with a registered address at GU30 7DR, England, Liphook, Unit 2 Station Road Industrial Estate, Station Road.

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