Wagner Spirits Ltd

Wagner Spirits Ltd, based in Glasgow, UK, is a small, family-run business with an active status. Founded eight years ago in 2016, it employs just three people and holds £243,064 in assets. The company, with a real address and a single director and two owners, operates an e-commerce site and specializes in cask brokerage for single malt whisky.

The company's website, Wagner Casks, positions itself as a specialist in sourcing and selling whisky casks, catering to both seasoned collectors and newcomers to the world of single malt. It emphasizes passion, expertise, and a focus on enjoyment over investment—a refreshing perspective in a market often driven by speculation. The site highlights a network of contacts across Scotland and a commitment to providing excellent value, with services ranging from brokerage to ownership due diligence.

Financially, Wagner Spirits Ltd presents a mixed picture. While the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, certain trends are concerning. Cash reserves dropped by 43% to £14,000, and net assets declined by 230% to £84,000—a significant shift. Creditors also increased, with those due within a year rising by 42%. On a brighter note, trade debtors decreased by 64%, suggesting improved collection practices. The company’s unaudited accounts, exempt due to its small size, rely on director-reported data.

The company is a irregular importer, with its top import category being Drinks, Alcohol, and Vinegar, totaling 2 months of imports. The last import operation was conducted on October 01, 2024. The company is a regular exporter, with its top export categories including Drinks, Alcohol, and Vinegar, totaling 3 of months exports. The last export operation took place on June 01, 2024. Overall, Wagner Spirits Ltd appears to be navigating a period of financial adjustment, balancing its passion for whisky with the realities of running a small business.

Registered in Scotland under the registration number SC552570, with a registered address at G41 2DH, Scotland, Glasgow, 14 Carswell Gardens.

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