Two By Two Brewing Ltd

Two By Two Brewing Ltd, based in Whitley Bay, UK, is a small, active company founded eleven years ago in 2013. With seven employees and £400,639 in assets, it’s a modest operation run by two directors and a single owner. The company operates from a real address at 14 Albany Gardens, NE26 2DY, and is a regular exporter of drinks, alcohol, and vinegar, with three months of export activity recorded. It also imports wood and wood products, though less frequently, with just one month of import activity.

The company’s website, two-by-twobrewing.co.uk, showcases a range of craft beers, including pale ales, IPAs, and stouts, all brewed on-site. The website highlights the company’s commitment to using quality ingredients and traditional brewing methods. It seems the company focuses primarily on direct-to-consumer sales through its website and local markets. There’s no clear indication of a significant e-commerce presence beyond the basic website.

Financially, Two By Two Brewing Ltd presents a mixed picture. Current assets increased by a substantial 58% to £400,000, while net assets also grew by 41% to £300,000. However, bank borrowings decreased by 35%, and cash reserves saw a significant jump of 110% to £130,000. Trade debtors also increased by 9.2%, suggesting a potential need to manage customer payments more closely. 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 increase in trade debtors should be monitored. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Two By Two Brewing Ltd seems to be in a relatively healthy position, with growing assets and cash reserves. However, the increase in trade debtors warrants attention, and the company’s future success will likely depend on its ability to maintain quality, expand its customer base, and manage its finances effectively.

Registered in England/Wales under the registration number 08727828, with a registered address at NE26 2DY, Whitley Bay, Tyne And Wear, 14 Albany Gardens.

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