The Salusbury Winestore & Bar Limited

The Salusbury Winestore & Bar Limited, located in London, UK, is a small holding company with an active status, celebrating 26 years since its founding in 1999. With seven employees and £476,577 in assets, it operates from a virtual address, a fact highlighted by the presence of 79 companies registered at the same location. The company is led by one director and has one owner, though the list of owners was changed seven years ago. It boasts a respectable Google rating of 4.0 based on 83 reviews and is a regular importer of drinks, alcohol, and vinegar, with 16 months of import activity recorded, the last operation made on June 01, 2024.

The company’s website showcases a vast selection of wines from around the world, categorized by region and type – France, Italy, Spain, USA, and more. It’s clearly geared towards an online retail model, with detailed product descriptions and a user-friendly interface. There's no obvious e-commerce functionality, but the site does feature a "Delivery" section, suggesting they offer online orders.

Financially, The Salusbury Winestore & Bar Limited demonstrates a mixed picture. Current assets increased by 59%, reaching £480,000, while net assets also grew by 32%, reaching £240,000. However, bank borrowings surged by 37%, reaching £110,000, and other creditors ballooned by 290%, reaching £56,000. Cash reserves, however, remained steady at £30,000. The company’s small size—meeting two of three criteria for a small company—helps it maintain agility, but the rise in creditors suggests a need to manage its debts. No auditor is mentioned, which is likely due to its status as a small company.

Overall, The Salusbury Winestore & Bar Limited seems to be a well-established business with a strong online presence, but it's important to monitor its debt levels to ensure long-term financial health.

Registered in England/Wales under the registration number 03721851, with a registered address at NW1 3ER, London, Acre House, 11-15 William Road.

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