Villeneuve Wines Limited

Villeneuve Wines Ltd: a small, active company established 39 years ago, operates as a leading fine wine and whisky retailer in the UK. With eleven employees and £588,016 in assets, the company boasts a real address and maintains a 5.0 Google rating from 89 reviews. It’s run by two directors and a single owner, and actively imports drinks, alcohol, and vinegar – the latest operation was made on July 01, 2024. The company also runs an e-commerce site.

The website, Villeneuve Wines, lists over 2000 wines and 150 malt whiskies, catering to a wide range of tastes and budgets. It offers a variety of categories, from red and white wines to spirits and beer, with a focus on quality and selection. The site also features a “Featured This Month” section highlighting new arrivals and special offers. It’s clear the company is focused on providing a comprehensive online shopping experience for wine and whisky enthusiasts.

Financially, Villeneuve Wines Ltd shows some concerning trends. Accumulated depreciation for owned assets increased by 12%, while bank borrowings jumped 32%, reaching £19,000. Cash reserves, however, saw a significant boost, increasing by 400% to £16,000. Net assets decreased by 46%, dropping to £43,000. Despite the drop in equity, the company’s small size—meeting two of three criteria for a small company—helps it remain flexible. Creditors increased by 7.3%, reaching £310,000, and trade debtors rose by 28% to £63,000. The company’s unaudited accounts, as a small company, rely on director-reported data.

The company's focus on importing and online retail suggests a dynamic business, but the decrease in equity and increase in borrowings raise questions about its long-term financial health. It’s possible the company is investing in inventory or marketing to drive sales, but careful monitoring of its financial position will be essential.

Registered in Scotland under the registration number SC095002, with a registered address at EH45 8AE, 1 Venlaw Court, Peebles.

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