Warehow Limited

Warehow Ltd from Worksop UK is a holding company with an active status, established three years ago. The company employs seventeen people and holds assets worth £1,592,949. It operates from a real address and is overseen by seven directors and one owner, running an e-commerce site. The company is an irregular exporter of clothing and accessories, not knitted or crocheted, with two months of export activity recorded, the last in November 2024.

The company’s website, tobermorydistillery.com, showcases a premium whisky and gin brand, with a focus on distillery tours, tastings, and merchandise. The site highlights the distillery’s heritage, production methods, and range of products, including limited edition whiskies and Hebridean gin. It’s clear the company is dedicated to showcasing the quality and craftsmanship of its spirits, with a strong emphasis on the Isle of Mull’s unique environment and traditions.

Financially, Warehow Ltd’s report reveals a mixed picture. While turnover increased by 27% to £1,300,000, net losses widened significantly, jumping 60% to -£1,200,000. Bank borrowings increased by 100%, reaching £600,000, and cash reserves fell 89% to £220,000. Creditors also increased by 220%, reaching £760,000. The company’s average number of employees increased by 71% to twenty-nine, which could explain the increased costs. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The increase in losses despite higher turnover suggests rising operational costs, possibly related to marketing or production. The substantial increase in bank borrowings and decrease in cash reserves are concerning, indicating a potential need for additional funding. The company’s focus on premium spirits and distillery experiences positions it for long-term growth, but it will need to manage its finances carefully to ensure sustainability.

Registered in England/Wales under the registration number 13812120, with a registered address at S80 2RS, United Kingdom, Worksop, Nottinghamshire, Unit 3-4, Drayton Court, Manton Wood Enterprise Park.

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