Rosso Bianco Wines Ltd

Rosso Bianco Wines Ltd is a small, family-run business based in Woking, UK, with an active trading status. Founded ten years ago in 2015, it employs three people and holds £844,714 in assets. The company operates from a real address and is led by one director and two owners. It's a regular importer of drinks, alcohol, and vinegar, with the latest import activity recorded three months ago.

The company’s website reveals it’s a wine bar and cocktail establishment called Rosso Bianco Wine Bar, located in Mosley Common, Worsley. It offers a curated selection of wines and expertly crafted cocktails, aiming to be a destination for wine enthusiasts. The website provides details about the bar’s ambiance, menu, special events, and contact information, encouraging visitors to explore its offerings and stay updated on promotions.

Financially, Rosso Bianco Wines Ltd shows some concerning trends. While current assets increased by 15% to £840,000, net assets decreased by 4.9% to -£46,000. Bank borrowings increased by 8.6% to £8,900, and cash reserves saw a significant jump of 880% to £130,000. Creditors increased by 15% to £850,000, and trade debtors plummeted by 63% to £18,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decrease in equity suggests it may be burning through money. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. It's possible the increase in cash reserves is from a recent loan or investment, but the rising creditors suggest it may be relying on credit to keep operating.

Registered in England/Wales under the registration number 09541994, with a registered address at GU24 8AF, England, Woking, Surrey, 77 High Street High Street, Chobham.

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