Trywines Expertise Limited

Trywines Expertise Ltd, based in Newbury, UK, is a small, family-run business with an active status. Founded 21 years ago in 2003, the company employs just two people and holds £159,087 in assets. It operates from a virtual address, registered with 152 other companies, and is overseen by two directors and two owners. The business regularly imports and exports drinks, alcohol, and vinegar—19 months of import activity and 13 months of export activity recorded, with the latest import in October 2024.

The company's website highlights a focus on high-quality Italian wines, supplying fine dining restaurants and offering a selection of both well-known and lesser-known varieties. A recent addition is the introduction of an English wine, Ortega Late Harvest NV, produced in partnership with Linden Estate in Boxford, Berkshire. The website emphasizes the vineyard's commitment to organic practices and biodiversity, and the wine itself is described as "delicately sweet and elegant." It also offers a piano restoration business, 1066 Pianos, which is a completely different venture.

Financially, Trywines Expertise Ltd shows a mixed picture. Cash reserves increased by a healthy 39% to £78,000, which is good news, but creditors jumped by a significant 62% to £62,000—suggesting increased borrowing or delayed payments. Equity, however, decreased by 13% to £98,000, which could be a cause for concern. Trade debtors also fell by 16%, which is a positive sign of better debt management. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the equity decline warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company seems to be holding its own, with a focus on quality and niche products. The success of the English wine venture, and the continued operation of the piano business, will likely be key to its future.

Registered in England/Wales under the registration number 04852002, with a registered address at RG14 1JL, United Kingdom, Newbury, Berkshire, Elizabeth House, 13-19 London Road.

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