Vino & Vino Limited

Vino & Vino Limited is a small, holding company based in London, UK, with an active trading status. Founded fourteen years ago in 2010, the company employs just three people and holds £118,482 in assets. It operates from a real address and is overseen by two directors and one owner, with Crudo Ltd listed as the ultimate controlling party. The company is primarily a holding company but also operates in the unlicensed restaurants and cafes, and public houses and bars industries. It’s an irregular importer, specializing in furniture, lighting, and prefabricated buildings, with its last import operation recorded one month ago in January 2023.

The company’s website, vinovinowinebar.co.uk, showcases a sophisticated wine and cocktail bar in Bath, known as Vino Vino. It boasts an extensive wine selection, expertly crafted cocktails, and a menu of artisan cheeses and charcuterie, all served in a convivial atmosphere. The bar’s website highlights its commitment to quality, with a focus on award-winning preservation systems for wines and locally sourced ingredients. It’s a popular destination, with a large al fresco terrace and a smart-casual dress code.

Financially, Vino & Vino Limited presents a mixed picture. While current assets remained stable at £120,000, equity plummeted by 31% to -£870,000, a significant decline. Bank borrowings surged by 48%, reaching £870,000, and cash reserves fell by 440% to just £10,000. Creditors also increased by 42% to £1,100,000, suggesting a reliance on external financing. Despite the negative equity, the company’s small size (meeting two of three criteria for a small company) allows for flexibility. The unaudited figures, prepared using IRIS Accounts Production software, don't mention an auditor, likely due to its exemption as a small company.

Overall, Vino & Vino Limited seems to be facing financial pressures, despite its popular bar operation. The company’s reliance on external financing and the decline in equity raise concerns, but its niche market and focus on quality may help it weather the storm.

Registered in England/Wales under the registration number 07301859, with a registered address at W1J 6PD, United Kingdom, London, 46 Bruton Place.

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