Wanderlust Wine Limited

Wanderlust Wine Ltd from Waltham Cross UK is a small, active company founded nine years ago in 2015. Employing six people and boasting £1,740,132 in assets, it operates from a virtual address—a detail worth noting as 305 companies are registered at the same location. The business is run by three directors and owned by Ellison Richard Peter, who is also the solo founder. It’s an e-commerce site specializing in the wholesale of wine, beer, spirits, and other alcoholic beverages. The company regularly imports drinks, alcohol, and vinegar, with 502 months of import activity recorded.

The company’s website, Wanderlust Wine, is a curated online retailer voted "Best Online Wine Retailer of the Year." It offers a wide selection of wines, from organic and biodynamic varieties to rare vintages, catering to both casual drinkers and connoisseurs. The site features a wine subscription service, curated cases, and even a wine gift service, alongside educational resources like a grape glossary and wine organix 101. The website’s design is clean and modern, with a focus on showcasing the producers and their stories—a clear effort to build trust and appeal to ethically-minded consumers.

Financially, Wanderlust Wine Ltd shows some concerning trends. While current assets increased by 19% to £1,700,000, net losses deepened to -£23,000. Bank borrowings surged by 160% to £270,000, and cash reserves fell 50% to £28,000. Creditors also increased by 37% to £1,000,000, suggesting increased reliance on short-term financing. 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 flexibility, but the significant increase in debt and decrease in cash raises questions about its long-term sustainability. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Despite these challenges, Wanderlust Wine Ltd’s strong online presence and focus on sustainable, organic wines position it well in a growing market. Whether it can manage its debt and maintain its growth trajectory remains to be seen—but the company’s commitment to quality and ethical sourcing provides a solid foundation for the future.

Registered in England/Wales under the registration number 09772820, with a registered address at EN8 7AP, England, Waltham Cross, Hertfordshire, 147a High Street.

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