The Loose Cannon Brewing Company Limited

The Loose Cannon Brewing Company Limited, based in Abingdon, UK, is a small, active brewery founded 17 years ago. With 24 employees and £275,076 in assets, it’s a modest operation led by a solo founder and single director. The company operates a thriving e-commerce site and enjoys a stellar 5.0 Google rating based on 220 reviews, a testament to its popularity. It’s an irregular importer, bringing in machinery, boilers, and mechanical appliance parts, with its last import activity recorded one month ago in November 1999.

The brewery’s website showcases a range of activities, from draught takeout and bottled beer sales to brewery tours and private function bookings. It even has a taproom offering food and events. The site’s emphasis on fresh beer, local delivery, and a members club suggests a focus on building a loyal customer base.

Financially, the company’s recent performance presents a mixed picture. Accumulated amortisation impairment intangible assets increased by 20%, while bank borrowings surged by a significant 370%. Cash reserves, however, decreased by 38%. Creditors also increased by 3.1%. Despite these challenges, the company’s small size—meeting two of three criteria for a small company—allows for agility. The company’s equity, however, dropped by 9.4%, which is a concerning trend. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

While the brewery's online presence and customer ratings are impressive, the financial data suggests a need for careful management. The increase in bank borrowings and decrease in cash reserves could indicate a reliance on external funding, and the drop in equity warrants closer attention.

Registered in England/Wales under the registration number 06450631, with a registered address at OX14 5JX, Abingdon, Oxfordshire, Unit 6 Suffolk Way.

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