Whisky Barrels Direct Ltd

Whisky Barrels Direct Ltd, based in Grangemouth, UK, is a small, active company founded 14 years ago in 2010. With a single employee and £495,544 in assets, it operates from a virtual address—a point to note as 200 companies are registered at the same location. The business is led by one director and one owner, Keir Patrick Noel, who also serves as the director.

The company's activities are split between importing and exporting. It’s an irregular importer, bringing in various natural fibers, paper yarn, and fabrics made from paper yarn, with the last import activity recorded one month ago. Conversely, it’s a regular exporter of wood and wood products, with three months of export activity recorded, though the last export was quite a while ago in January 2022. The company operates in the other business support service activities n.e.c. industries.

The website, whiskybarrels.co.uk, showcases a business centered around restoring and selling whisky barrels. It offers a range of products, from bottle racks and Adirondack chairs crafted from reclaimed Scottish whisky barrel staves to floor lamps and cask ends. The site emphasizes handmade quality and British craftsmanship, with testimonials praising the personalized service and unique products. It's a clear focus on e-commerce, with no physical store mentioned.

Financially, Whisky Barrels Direct Ltd shows a mixed picture. Current assets increased by 10% to £500,000, while net assets rose by 5% to £430,000. However, trade debtors increased significantly by 17%, reaching £140,000, suggesting potential delays in customer payments. Creditors also increased by 61%, reaching £90,000, which could be related to increased inventory purchases to support the e-commerce operations. Bank borrowings remained steady at £4. 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, but the increased debt warrants monitoring. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company’s employees increased by 100% to two.

Registered in Scotland under the registration number SC382994, with a registered address at FK3 8WX, Scotland, Grangemouth, Unit 4b Gateway Business Park, Beancross Road.

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