Turner And Jones Wines Ltd

Turner And Jones Wines Ltd from North Chingford UK: small company, active status, founded 5 years ago, 2 employees, £204,226 assets, real address, 2 directors, 2 owners. Regular importer of drinks, alcohol, and vinegar (43 months imported). Regular exporter of drinks, alcohol, and vinegar (7 months exported). It’s a small, family-run business with an active trading status. Founded five years ago, the company employs just two people and holds £204,226 in assets. With a real registered address and two directors at the helm, it’s a compact operation. The firm regularly imports and exports drinks, alcohol, and vinegar, with 43 months of import activity and 7 months of export activity recorded.

The company operates as a wholesale supplier of wine, beer, spirits, and other alcoholic beverages. Its website, Turner Jones Wine Importers, showcases a wide selection of wines from around the world, including red, white, sparkling, and dessert wines. They also offer a range of services, such as in-bond trade sales and fine wine sourcing. The website’s design and product categories suggest a focus on catering to trade customers rather than direct consumers. They even have a section for "TJ Specials," indicating a focus on offering competitive pricing and unique selections.

Financially, Turner And Jones Wines Ltd shows a mixed picture. Current assets increased by 16% to £200,000, while net assets decreased by 27% to £12,000—a significant drop. Bank borrowings remained stable at £10,000, and cash reserves increased by 5% to £34,000. Creditors increased by 44%, suggesting a need to manage debt obligations. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 49 employees) helps it stay nimble, but the equity drop is a concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The increase in creditors, despite rising assets, could indicate a reliance on trade credit to support operations. The company’s focus on importing and exporting, with a long history of import activity, suggests a well-established supply chain. It's likely that the company is facing some challenges, but its focus on wholesale trade and its established supply chain could help it weather the storm.

Registered in England/Wales under the registration number 11965627, with a registered address at E4 6PG, United Kingdom, North Chingford, London, 78 Dale View Crescent.

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