Renais Spirits Ltd

Renais Spirits Ltd, based in Poole, UK, is a small, active company founded just three years ago in 2022. With £676,451 in assets and a virtual address, it's a solo-founded operation managed by six directors and one owner, Watson Alexander. The company employs just two people and operates in the wholesale of wine, beer, spirits, and other alcoholic beverages. It’s an irregular importer of miscellaneous metal items (one month of imports) and a regular exporter of paper and paperboard products (seven months of exports).

The company’s website, Rusty Nail Spirits, showcases a wide range of spirits from various producers, emphasizing quality and artisan products. It operates an e-commerce site, selling directly to consumers and offering a curated selection of gin, rum, whiskey, vodka, liqueurs, and other beverages. The website also features a blog and producer profiles, highlighting the people behind the brands. It's a modern online retail operation.

Financially, Renais Spirits Ltd presents a mixed picture. Cash bank on hand increased by a respectable 8.7% to £350,000, but net assets decreased by a significant 250% to -£1,300,000. Trade debtors decreased by 5.4% to £86,000, and creditors decreased by 73% to £80,000. The number of employees increased by a dramatic 250% to seven, which could indicate expansion or increased workload. Raw materials increased by a staggering 64,000%, to £240,000, which may be a one-off purchase or a sign of increased inventory. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There is no auditor mentioned, likely due to its small size.

Overall, Renais Spirits Ltd seems to be experiencing some financial strain despite a growing workforce. The company’s focus on quality and online retail suggests a potential for growth, but the decrease in net assets and increase in raw materials warrants close monitoring.

Registered in England/Wales under the registration number 13973014, with a registered address at BH12 1JY, England, Poole, 3 Vista Place, Ingworth Road.

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