The Goodness Brewing Company Ltd

The Goodness Brewing Company Ltd, based in London, UK, is a small, active company founded seven years ago in 2017. With 23 employees and £259,780 in assets, it operates from a real address and is led by five directors and five owners. The company has a 5.0 Google rating based on 544 reviews and runs an e-commerce site, showcasing its range of craft beers. It’s also an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with its last import activity recorded one month ago in October 2022.

The company’s website highlights its focus on quality and craftsmanship, with beers crafted using carefully sourced ingredients and a passion for unique flavor profiles. It’s not just a brewery; it’s a brand, evident in its collaborations with local businesses like Devil's Botany Distillery and TFL, and its blog posts showcasing new products and events. The website clearly shows that the company is focused on selling beer online.

Financially, The Goodness Brewing Company Ltd presents a mixed picture. While cash reserves increased by a significant 280% to £980, net assets have plummeted 86%, landing at -£38,000. Bank borrowings have risen by 39% to £150,000, and trade debtors have increased by 57% to £190,000, suggesting potential challenges in collecting payments. Creditors also rose by 11% to £430,000. The company’s small size—meeting two of three criteria for being classified as small—helps it maintain agility, but the substantial equity decline warrants attention. No auditor is mentioned, likely due to its status as a small company exempt from an audit.

Overall, The Goodness Brewing Company Ltd seems to be facing some financial headwinds, despite its strong online presence and positive customer reviews. Whether it can navigate these challenges and sustain its growth remains to be seen.

Registered in England/Wales under the registration number 11069168, with a registered address at N22 6TZ, England, London, 5 Clarendon Yard, Coburg Road.

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