Tanglewood Wines Limited

Tanglewood Wines Ltd, based in Hadleigh, Benfleet, UK, is a small, active company founded seven years ago. Despite confirmation being overdue by six months, it employs five people and holds £153,175 in assets. The company operates from a virtual address, registered to 179 other businesses, and is managed by a solo founder who also serves as director and owner. It runs an e-commerce site selling premium wine accessories and has a Google rating of 4.0 based on four reviews. The company regularly imports machinery, boilers, and mechanical appliances, with the last import operation occurring in July 2024.

The website, Tanglewood Wine Accessories, showcases a wide range of products, from wine coolers and wine racks to glassware and cleaning tools. It features several well-known brands like EuroCave and Blomus, and even offers bespoke joinery services for custom wine cellars. The site also highlights a partnership with Jancis Robinson, a renowned wine expert, offering a curated collection of glassware and accessories. The website's design and product selection suggest a focus on high-end wine storage and enjoyment.

Financially, Tanglewood Wines Ltd presents a mixed picture. Current assets have decreased by 30% to £150,000, while net assets have fallen by 28% to £5,800. Bank borrowings have dropped by 34% to £23,000, and cash reserves are at a modest £2,300. Creditors have decreased by 29% to £120,000, suggesting better management of short-term debt. The company's small size (meeting two of three criteria for being small) helps it remain nimble, but the decline in equity could indicate financial pressures. With no auditor mentioned, the figures are unaudited.

Overall, Tanglewood Wines Ltd appears to be a niche business navigating a competitive market. The company's focus on premium accessories and partnerships with respected names could be a strength, but the recent financial trends warrant close monitoring.

Registered in England/Wales under the registration number 11049178, with a registered address at SS7 2QL, United Kingdom, Hadleigh, Benfleet, Essex, Broom House, 39/43 London Road.

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