Top Selection Limited

Top Selection Ltd, based in Woodford Green, UK, is a small, active company established 24 years ago. With 12 employees and £5,332,462 in assets, it operates from a virtual address, managed by three directors and two owners. The company is a regular importer and exporter of drinks, alcohol, and vinegar, with 348 months of import activity and 40 months of export activity recorded.

The company’s website showcases an expertly curated portfolio of world-class wines and spirits, catering to discerning clients. It highlights a range of producers from around the globe, including Argentina, Australia, France, and the United States, with a focus on high-quality, unique offerings. The site also features producer spotlights, interviews, and news updates, reinforcing its position as a specialist supplier. The business operates an e-commerce site selling wines and spirits, boasting a range of producers from around the globe.

Financially, Top Selection Ltd presents a mixed picture. Cash reserves increased significantly by 140%, reaching £1.1 million, which is a positive sign. However, creditors have risen considerably, increasing by 71% to £4.5 million. Trade debtors also increased by 81%, suggesting a need to manage customer payments more closely. Despite these challenges, net assets have grown by 32% to £680,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in debt warrants attention. With no auditor mentioned, the unaudited figures rely on director-reported data.

The company's significant growth in cash reserves suggests a period of successful sales, but the rise in both creditors and debtors indicates a need for careful financial management. The virtual address, shared by many companies, raises questions about the physical location of operations, but the focus on quality and service positions Top Selection Ltd for continued success in the competitive wine and spirits market.

Registered in England/Wales under the registration number 04009493, with a registered address at IG8 8HD, United Kingdom, Woodford Green, Essex, 19-20 Bourne Court Southend Road.

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