The Old Cellar Ltd

The Old Cellar Ltd, based in Chessington, UK, is a small, active company established thirteen years ago in 2011. With three employees and £121,801 in assets, it operates from a real address and is managed by three directors and one owner, Stoyan Stoyan Ivanov. The company runs an e-commerce site specializing in Bulgarian wines and rakia, earning a stellar 5.0 Google rating from twelve reviews. It’s a regular importer of drinks, alcohol, and vinegar, with 96 months of import activity recorded, the latest in November 2024.

The website, The Old Cellar, showcases a wide selection of Bulgarian wines, rakia, and spirits, emphasizing free UK delivery over £100 and a 28-day return policy. It also features a blog with articles on Bulgarian wine and spirits, targeting enthusiasts and offering insights into the region’s unique offerings. The company’s business model revolves around online retail, catering to customers seeking authentic Bulgarian beverages.

Financially, The Old Cellar Ltd presents a mixed picture. Current assets have decreased by 20% to £120,000, while net assets have plummeted 69% to -£110,000. Cash reserves have increased to £3,900, a positive sign, but bank borrowings have risen, and trade debtors have decreased. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant equity decline suggests potential financial pressures. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, The Old Cellar Ltd appears to be navigating a challenging financial landscape, but its strong online presence and positive customer reviews indicate a resilient business model. The company's ability to maintain its online retail operation and attract customers will be key to its future success.

Registered in England/Wales under the registration number 07677414, with a registered address at KT9 1AG, England, Chessington, 28 Orchard Gardens.

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