Vinicon Ltd

Vinicon Ltd, a small, active company based in Crewe, UK, was founded four years ago in 2020. Employing just two people, it holds assets worth £1,136,007 and operates from a real address. The business is led by two directors and owned by a solo founder, Lane Stephen William. Vinicon Ltd regularly imports drinks, alcohol, and vinegar—17 months of import activity recorded, the latest in February 2025—and has also begun exporting these products, with four months of export activity as of March 2024.

The company's website, UK Wine Wholesaler Vinicon, suggests a focus on trade customers, requiring registration and details like address and interest areas before access is granted. The site lists areas of interest, including Bordeaux, Burgundy, Champagne, and regions like Italy, Australia, and New Zealand, indicating a broad selection of wines. It also has a section for over 18s to enter, suggesting a B2B focus rather than direct consumer sales.

Financially, Vinicon Ltd presents a mixed picture. While current assets increased by 79% to £1,100,000, net assets saw a substantial increase of 1100% to £59,000. Bank overdrafts remained steady at £20,000, but trade debtors decreased by 44%, which could indicate improved collection efforts or a shift in payment terms. Borrowings increased by 32%, reaching £300,000, and creditors rose by 110%, to £530,000—a significant jump. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the increase in borrowings and creditors warrants close monitoring. As a small company, it’s likely exempt from an audit, so the figures rely on unaudited director reports.

The company's financial data shows an increase in depreciation, particularly for motor vehicles, which could indicate investment in equipment. The increase in loans owed by related parties, especially to key management, suggests potential financing arrangements. Overall, Vinicon Ltd appears to be growing, but managing its increased debt will be crucial for its long-term health.

Registered in England/Wales under the registration number 12972476, with a registered address at CW2 5QQ, England, Crewe, Hall O'Th Wood Balterley Green Road, Balterley.

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