Whisky And Friends Ltd

Whisky And Friends Ltd from Dundee UK is a small, active company founded five years ago. It’s a solo founder operation with one employee and £67,341 in assets, operating from a real address. The company is led by a single director and owner, Smith Benjamin Kevin.

The business primarily sells whisky, with a focus on rare and private cask selections. Its website, VL Whisky Friends, showcases a wide range of whiskies from Japan, Scotland, India, and Sweden, alongside sets, full circle offerings, and orangecello. The site functions as an e-commerce platform, but JavaScript is disabled, limiting some shop features. The website emphasizes a passion for whisky, describing it as "the water of life" and highlighting the founder's personal journey from initially disliking whisky to becoming a dedicated enthusiast. The site also features a blog with articles on whisky production, regions, and tasting notes.

Financially, Whisky And Friends Ltd presents a mixed picture. Current assets have decreased by 8.3% to £67,000, while net assets have plummeted 200% to -£13,000—a significant shift. Cash bank on hand has also fallen considerably, dropping 52% to just £1,400. Trade debtors have vanished completely, suggesting a change in payment terms or collection practices. However, creditors have increased by 2.5% to £80,000, and provisions for liabilities have decreased by 64%, which could indicate improved cost management. 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 substantial equity decline raises concerns. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Whisky And Friends Ltd appears to be navigating a challenging financial period. While the website suggests a strong brand and a dedicated customer base, the company's balance sheet indicates a need for careful management and potentially, new strategies to improve profitability.

Registered in Scotland under the registration number SC634886, with a registered address at DD3 0PW, Scotland, Dundee, The Workshop Rosemill, Bridgefoot.

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