Salcombe Distilling Company Ltd

Salcombe Distilling Company Ltd, based in Salcombe, UK, is a small, active company founded ten years ago in 2014. Employing 53 people and boasting assets of £1,249,447, it’s a well-established player in the spirits industry. With four directors and two owners, the company maintains a real address and enjoys a stellar 5.0 Google rating based on 265 reviews. It regularly imports paper and paperboard products (21 months) and exports drinks, alcohol, and vinegar (14 months).

The company’s website showcases a premium brand focused on gin production and experiences. Customers can shop a range of gins, including Start Point, Ros Sainte Marie, and Four Seas, with options for gift wrapping and exclusive bundles. A key offering is the Gin School, where visitors can learn about distillation and create their own 70cl bottle of gin. The website also features a blog highlighting stories about artisans, cocktail recipes, and the company’s commitment to sustainability, including partnerships with the Marine Conservation Society.

Financially, Salcombe Distilling Company Ltd has experienced some turbulence. Current assets have decreased by 14%, falling to £1,100,000, while net assets have plummeted 29%, landing at £1,100,000. Bank borrowings have vanished entirely, dropping 100% to zero, but overdrafts have increased by 5%, reaching £88,000. Creditors have also risen by 6%, reaching £360,000. The number of employees has significantly decreased by 38%, dropping to 33. Despite these challenges, 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. The accounts are unaudited, and no auditor is mentioned.

Overall, Salcombe Distilling Company Ltd appears to be navigating a period of change. While the brand enjoys a strong reputation and customer loyalty, the financial data suggests a need for careful management and a focus on profitability.

Registered in England/Wales under the registration number 09140632, with a registered address at TQ8 8DP, England, Salcombe, Devon, The Boathouse, 28 Island Street.

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