Top Wine Spirits Limited

Top Wine Spirits Limited, based in Morden, UK, is a small, active company founded 14 years ago in 2010. With a single employee and £921,895 in assets, it operates from a virtual address shared by twenty other companies, and is led by one director and owner. The company regularly imports drinks, alcohol, and vinegar – five months of activity recorded, the latest in November 2024 – and exports similar products, with four months of export activity.

The company’s website, Top Wine, describes itself as a wine and spirits merchant in London, established in 2010. It specializes in supplying fine wine and spirits, emphasizing rare stock and authenticating each product. The website highlights a customer-oriented approach, offering services from buying and selling to storage and shipping logistics. It also mentions a separate division, 1066 Pianos, which focuses on high-end piano restoration and operates from Cambridge, even boasting a showroom in Harrods.

Financially, Top Wine Spirits Limited shows a mixed picture. Current assets have dropped significantly by 37% to £920,000, while net assets have increased by 23% to £730,000. Cash bank on hand has increased dramatically by 190% to £180,000, which is good. However, creditors have decreased by 78% to £190,000, which may be a sign of financial strain. Trade debtors have fallen by a massive 94%, which could be a positive or negative sign. 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 remain flexible, but the changes in debt management are worth watching. The company’s accounts are unaudited and exempt, relying on director-reported data.

Registered in England/Wales under the registration number 07399424, with a registered address at SM4 5PQ, England, Morden, C/O Astar Business Advisors, The Grange, 1 Central Road.

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