The Sourcing Table Ltd

The Sourcing Table Ltd is a small, holding company based in London, UK, with an active status. Founded four years ago in July 2020, it employs just two people and holds £109,619 in assets. The company operates from a virtual address, registered at a location shared by 8,959 other businesses, and is managed by two directors and one owner. It runs an e-commerce site and regularly imports drinks, alcohol, and vinegar—the latest import activity was recorded just last month.

The Sourcing Table’s website showcases a curated selection of wines from France, Spain, Italy, USA, Portugal, Australia, Greece, Germany, and Austria. It offers a range of styles, including mixed cases, white, red, rosé, sparkling, orange, sweet, and fortified wines, catering to diverse tastes. The site also features a blog with insightful articles by wine experts and highlights rare and fine wines, alongside a wine club offering exclusive perks.

Financially, The Sourcing Table Ltd presents a mixed picture. While current assets increased by 75% to £110,000, net assets decreased by 24% to -£86,000. Cash reserves dropped by 73% to £740, and bank borrowings increased significantly. Creditors also rose by 11% to £200,000, suggesting increased reliance on trade credit. Trade debtors, however, grew by 260%, which could indicate challenges in collecting payments. The company’s small size (meeting two of three criteria for being a small company) allows for flexibility, but the decline in equity is concerning. The accounts are unaudited, as is common for small companies, and no auditor is mentioned. Overall, The Sourcing Table Ltd seems to be navigating a period of financial pressure, relying on its e-commerce platform and curated wine selection to drive sales.

Registered in England/Wales under the registration number 12774204, with a registered address at EC1V 2NX, England, London, 124 City Road.

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