The Dram London Ltd

The Dram London Ltd, a small, active company based in London, UK, was founded two years ago in March 2023. With £155,162 in assets and a real address at W2 6NF, it operates as an e-commerce site and boasts an impressive Google rating of 5.0 from 168 reviews. The company is managed by four directors, though no owners are officially listed, likely due to each holding less than twenty-five percent of the shares. It imports machinery, boilers, and mechanical appliances, with recent activity recorded just last month.

The Dram London Ltd is a bar and whisky shop, operating across multiple floors with a modern ground-floor bar and whisky shop, an outdoor terrace, a private pool room, and a basement bar. It hosts a variety of events, from curated whisky tastings to collaborations with other brands and participation in London Cocktail Week. The website highlights its diverse offerings, including a merchandise store and a calendar of upcoming events. The bar is a popular destination, with a focus on unique experiences and high-quality drinks.

Financially, The Dram London Ltd presents a mixed picture. While the company is small, meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 25 employees), its equity is negative at -£78,000, suggesting it’s burning through cash. Bank borrowings have increased significantly, reaching £250,000, and cash reserves are relatively low at £110,000. Trade debtors are at £6,100, and creditors are at £38,000. The lack of an auditor (likely exempt due to its size) means these figures are unaudited. Despite the financial pressures, the company's strong Google rating and diverse event offerings suggest it’s maintaining a loyal customer base, although the long-term sustainability of this model remains to be seen.

Registered in England/Wales under the registration number 14706804, with a registered address at W2 6NF, United Kingdom, London, 25c Westbourne Terrace Road.

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