Vincent Gasnier Wine Consultant Limited

Vincent Gasnier Wine Consultant Ltd, based in Winchester, UK, is a small, family-run business with an active status. Founded 21 years ago, the company employs five people and holds £485,979 in assets. It operates from a virtual address, which is a little strange as seventy-nine other companies are registered at the same location. The business is managed by three directors and owned by two individuals, though the list of owners may not be exhaustive.

The company’s core business involves importing and exporting drinks, alcohol, and vinegar—a regular activity spanning five months for both imports and exports, with the last export operation recorded in April 2021. It operates in the agents involved in the sale of food, beverages and tobacco industries.

Financially, Vincent Gasnier Wine Consultant Ltd shows some concerning trends. Current assets have decreased by 14%, dropping to £490,000, while net assets have fallen 15%, reaching £550,000. Bank borrowings have increased significantly, by 1300%, reaching £110,000, and cash reserves have declined by 28%, settling at £220,000. Creditors have also increased substantially, by 67%, reaching £130,000, which may indicate difficulties in managing short-term debt. On the positive side, trade debtors have risen by 150%, suggesting improved collection of payments from customers. The company’s small size—meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—helps it stay nimble, but the decrease in equity raises questions about its long-term financial health. There’s no auditor mentioned, which is likely due to its status as a small company and exemption from an audit.

The company’s financial data suggests it’s facing some pressures, though its core business of importing and exporting wine-related products continues. Whether it can sustain its current trajectory remains to be seen, but its family ownership and established presence in the market could be a source of strength.

Registered in England/Wales under the registration number 05079523, with a registered address at SO23 8SR, England, Winchester, Hampshire, 6 Charlecote Mews, Staple Gardens.

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