Wilkinson Vintners Limited

Wilkinson Vintners Ltd is a large, active company established 33 years ago, in 1992. Based in London, NW1 6EB, it boasts a real address and a Google rating of 5.0 from six reviews. With eight employees and £10.8 million in assets, the company generated £26.1 million in revenue last year. Four directors and one owner steer the ship, with Wilkinson Patrick Luke owning the company.

The company is a regular importer and exporter of drinks, alcohol, and vinegar, with a history of 460 months of imports and 933 months of exports. Wilkinson Vintners specializes in fine wine merchanting, with a global reputation and a permanent stockholding of over 12 million bottles. Its website highlights a focus on Bordeaux, Burgundy, and Vintage Port, with a warehouse and even a presence in Harrods. The company also operates The Wilkinson Gallery, selling art, which is owned by a brother of one of the directors.

Financially, Wilkinson Vintners Ltd presents a mixed picture. While turnover remained steady at £26.1 million, net assets decreased by 17% to £10 million. Bank borrowings increased significantly, up 85% to £1.3 million, while cash reserves declined by 60% to £1.1 million. Creditors also rose by 20% to £3.6 million. The company’s large size (meeting two of three criteria for turnover over £36 million, assets over £18 million, and more than 250 employees) suggests a substantial operation. The company’s accounts were audited by Porritt Rainey, and the audit opinion was positive.

The increase in bank borrowings and the decrease in cash reserves suggest the company may be burning through money, but the stable turnover indicates continued demand for its products. The increase in creditors could be a result of expanding operations or negotiating better payment terms with suppliers. It's possible that the art gallery is impacting the company's financial performance, but more information is needed to determine the extent of its influence.

Registered in England/Wales under the registration number 02680477, with a registered address at NW1 6EB, 38 Chagford Street, London.

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