The Taste Alliance Limited

The Taste Alliance Limited, based in Chelsea, London, is a small, active company established 14 years ago. With 12 employees and £547,063 in assets, it operates as a regular importer of drinks, alcohol, and vinegar, with recent activity recorded in March 9 2024. Owned and directed by Roberto Bertuccelli, the company’s registered address is real, with only one other business registered at the same location.

The company’s primary function is to organize and run prestigious international spirits competitions. Its website showcases a series of competitions, including the San Francisco World Spirits Competition, the San Francisco Ready-to-Drink Competition, and the Asia World Spirits Competition, all aimed at evaluating and recognizing excellence in the spirits and beverage industry. The Tasting Alliance positions itself as the ultimate authority in wine and spirits evaluation, emphasizing its legacy, integrity, and impartiality. The website also features news and notes highlighting competition winners, as well as opportunities for industry insiders to subscribe for exclusive access to results and updates.

Financially, The Taste Alliance Limited demonstrates a mixed picture. Current assets have decreased by 25% to £550,000, while net assets have fallen by 19% to £290,000. Bank borrowings have been reduced by 28% to £120,000, and cash reserves have also decreased by 32% to £260,000. Interestingly, final dividends paid increased by 27% to £67,000, suggesting a willingness to reward shareholders despite the overall decline in assets. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity raises concerns about its long-term financial health. No auditor is mentioned, likely due to the company’s exemption as a small entity. The increase in trade debtors by 110% could indicate a shift in payment terms or potential difficulties in collecting outstanding invoices.

Registered in England/Wales under the registration number 07512175, with a registered address at SW10 9HY, Chelsea, London, 4 Hollywood Road.

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