Whisky Auctioneer Limited

Whisky Auctioneer Limited is a private limited company registered in Scotland with the registration number SC490586. The company, founded ten years ago on November 05, 2014, operates from Perth, West Building Ruthvenfield Grove, Inveralmond Industrial Estate, PH1 3FN. Its status is active, and it’s described as a holding company, meaning it likely owns other businesses. With fifty-nine employees, Whisky Auctioneer Limited boasts £5,213,076 in assets and is managed by two directors, Mcclune Alexander and Mcclune Iain Robert, and Vintage Saga Ltd as the owner.

The company specializes in the online auction of whisky and spirits, positioning itself as the world's leading platform for buying and selling rare collectibles. Its website highlights a comprehensive selection of old and rare whiskies from around the globe, including Scotch, Japanese, Irish, bourbon, and other spirits. The site actively encourages participation, with calls to action for both sellers and buyers. It’s a busy operation, regularly importing and exporting drinks, alcohol, and vinegar—198 months of imports and 586 months of exports recorded.

Financially, Whisky Auctioneer Limited shows a mixed picture. While net assets increased by 20% to £4.3 million, net loss deepened from £1.6 million to £1.2 million. Cash reserves fell 88% to just £29,000, which is a significant drop. Bank borrowings surged by 190% to £820,000, suggesting increased reliance on debt financing. Creditors decreased by 41%, which could indicate improved debt management. The company’s turnover, while not explicitly stated, is likely substantial, given its position in the market, but it meets two of three criteria for a large company—meeting the turnover and balance sheet thresholds. Johnston Carmichael LLP conducted the audit.

The company’s focus on online auctions and its global reach suggest a strong growth potential, but the financial data indicates some challenges. The increased debt and reduced cash reserves warrant close monitoring, and the company's ability to maintain its market position will depend on its ability to manage these pressures effectively.

Registered in Scotland under the registration number SC490586, with a registered address at PH1 3FN, Scotland, Perth, West Building Ruthvenfield Grove, Inveralmond Industrial Estate.

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