Three Choirs Vineyards Limited

Three Choirs Vineyards Ltd from Gloucestershire UK: a small company with an active status, was founded 40 years ago in 1984. It employs 35 people and holds assets valued at £1,601,574. The company has a real address, six directors, and one owner. It operates an e-commerce site and enjoys a stellar 5.0 Google rating based on 333 reviews. Notably, it’s a regular importer of iron or steel products, having imported for five months, with the last operation occurring in February 2024.

The company's core business revolves around the manufacture of wine from grape industries, and its website showcases a range of wines, tours, and events. It’s a popular destination for wine enthusiasts, offering tastings, vineyard tours, and a farm shop selling local produce. The vineyard also provides accommodation, catering to visitors seeking a rural escape. The site has a blog with lots of interesting articles.

Financially, Three Choirs Vineyards Ltd presents a mixed picture. Cash bank on hand decreased by 21% to £700,000, while creditors decreased by 38% to £320,000. Trade debtors decreased by 40% to £160,000, suggesting improved collection rates. However, deferred tax liabilities increased by 59% to £200,000. 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 decrease in cash reserves warrants attention. The company is audited by Hazlewoods LLP.

The increase in deferred tax liabilities could be linked to changes in tax legislation or accounting practices, and the decrease in cash reserves might reflect increased investment in the business or seasonal fluctuations in revenue. The company’s long history and strong Google rating suggest a solid reputation, but ongoing financial monitoring is essential for sustained success.

Registered in England/Wales under the registration number 01844521, with a registered address at GL18 1LS, Gloucestershire, Baldwins Farm, Newent.

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