Two Thirds Beer Co. Ltd

Two Thirds Beer Co. Ltd, hailing from Sheffield, UK, is a small, active company established four years ago. Employing nine people and boasting £60,025 in assets, it’s a modest operation with a real address and three directors and owners. Its impressive Google rating of 5.0, based on 853 reviews, suggests a loyal customer base. The company meets two of the three conditions to be considered small: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

The business operates in the retail sale via mail order houses or via internet, as well as in the public houses and bars industries. Its website is currently unavailable, so it's difficult to ascertain the full extent of its online presence and e-commerce activities.

Financially, Two Thirds Beer Co. Ltd presents a mixed picture. Accumulated amortisation impairment intangible assets increased by 50%, while accumulated depreciation impairment property plant equipment rose by 35%. Cash bank on hand saw a healthy 52% increase to £45,000, but bank borrowings also climbed by 29% to £6,700. Creditors decreased by 18%, indicating improved debt management. However, a significant 41% drop in debtors suggests potential issues with customer payments. Equity, however, experienced a substantial 200% increase to £21,000. The company’s average number of employees increased by 11% to ten.

Overall, Two Thirds Beer Co. Ltd appears to be navigating a period of change. The rise in cash reserves is a positive sign, but the increase in bank borrowings and decrease in debtors warrant closer scrutiny. The company's small size allows for agility, but the equity increase could be a result of reinvestment or other factors. With no auditor mentioned, the financial statements are unaudited.

Registered in England/Wales under the registration number 13190244, with a registered address at S7 1FQ, United Kingdom, Sheffield, Two Thirds Beer Co., 434-436 Abbeydale Road.

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