The Drinks Basket Limited

The Drinks Basket Limited is a small, active company based in London, UK, founded nine years ago in 2015. Employing just two people, it operates as an e-commerce site selling wines, spirits, and liqueurs. The company has a real registered address and is overseen by two directors, though no owners are officially listed.

The Drinks Basket Limited’s website showcases a wide selection of alcoholic beverages, from whiskies and gins to wines and champagnes, catering to both individual consumers and those looking for gifts. It also offers a range of miniatures, cocktails, and mixers, and even has a section dedicated to brands and gift ideas. The site actively promotes its products through a blog featuring articles on drinks recommendations, seasonal promotions, and industry news.

Financially, The Drinks Basket Limited presents a mixed picture. While cash on hand decreased by 6.5% to £10,000, creditors significantly increased by 47% to £370,000—a notable rise. Debtors also grew by 43% to £40,000. Equity, however, took a significant hit, dropping 95% to -£230,000, suggesting accumulated losses are impacting the company’s net worth. Despite these challenges, the company’s small size (meeting two of three criteria for a small company) allows for flexibility. The lack of an auditor mentioned likely reflects its status as a small, exempt company.

Overall, The Drinks Basket Limited appears to be navigating a period of financial pressure, with rising debts offsetting its operational activity. It’s possible the company is investing in growth, but the decline in equity is something to keep an eye on.

Registered in England/Wales under the registration number 09685269, with a registered address at NW9 8UA, United Kingdom, London, 472 Church Lane.

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