Private Reserves Limited

Reserves Ltd Private from Northampton UK: a small holding company with an active status, has been operating for 37 years. Employing six people and holding £861,050 in assets, the company boasts a real address and is overseen by five directors and one owner. It’s a regular importer and exporter of drinks, alcohol, and vinegar, with 72 months of import activity and 505 months of export activity recorded.

The company’s primary function is wine storage, operating as Private Reserves Fine Wine Storage. The website highlights a focus on providing secure and optimal conditions for wine storage in the UK, offering services like monthly valuations, unparalleled security, and online wine listings. It also operates a division specializing in high-end piano restoration, a venture with a longer history and a presence in prestigious locations like Harrods. The website is very professional, and they have a good contact form.

Financially, Reserves Ltd Private shows a mixed picture. Current assets have increased by 38% to £860,000, while net assets have increased by 54% to £450,000. Bank borrowings have increased by 86% to £730,000. Creditors have increased by 21%, and trade debtors have decreased by 31%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible. The increase in bank borrowings, however, suggests a reliance on external funding, and the company will need to manage its cash flow carefully. With no auditor mentioned, the figures are unaudited.

The company’s dual focus—wine storage and piano restoration—presents both opportunities and challenges. While the wine storage business benefits from a stable demand and a premium market, the piano restoration division requires specialized expertise and a wider geographical reach. Whether these two ventures can support each other in the long run remains to be seen, but the company’s history and its commitment to quality suggest a promising future.

Registered in England/Wales under the registration number 02237325, with a registered address at NN6 8RG, England, Northampton, Long Barn, Coton.

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