Rediscover Wines Ltd

Rediscover Wines Ltd is a small, active company based in Oldham, UK, founded four years ago. It's a solo venture with one employee and £55,786 in assets, operating from a real address and managed by a single director and owner. The company runs an e-commerce site and regularly imports drinks, alcohol, and vinegar—a trend spanning 15 months, with the most recent import in November 2024. It operates within the wholesale of wine, beer, spirits and other alcoholic beverages industries.

The website showcases a diverse range of wines from various countries, including Argentina, Georgia, Czechia, Spain, Chile, Italy, and France. It emphasizes gift ideas, new wines, and mixed cases, offering free delivery on orders over £100. The site also features awards and medals, highlighting the quality of its offerings. It has a passion and love of wine... A relentless search for excellence...A drive to create and innovate.

Financially, Rediscover Wines Ltd shows a mixed picture. Cash bank on hand increased by 8.8% to £4,600, while creditors rose by 6.5% to £49,000. Current assets increased by 22% to £56,000, but trade debtors jumped a whopping 100% to £11,000. Equity, however, saw a dramatic increase of 3000% to £6,900. The company is classified as small, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. It’s worth noting that the company has no auditor mentioned, likely due to its small size.

The increase in trade debtors suggests potential challenges in collecting payments, while the rise in equity could indicate improved profitability or investment. It’s clear that the company is working hard to build its business, but it’s also facing some financial pressures.

Registered in England/Wales under the registration number 13323812, with a registered address at OL9 9SP, England, Oldham, 775 Middleton Road, Chadderton.

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