Gk Wine House Ltd

GK Wine House Ltd is a small, active company based in Ascot, UK, founded nine years ago in 2015. It employs just one person and holds £1,116 in assets, operating from a real registered address. The company is led by a single director and owner, Klantschnig Gernot, who also serves as the solo founder. It’s an irregular importer, primarily dealing in drinks, alcohol, and vinegar, with just two months of import activity recorded as of September 2023. The company operates in the other food services industries.

The company’s website is currently unavailable, so it’s difficult to assess its online presence or e-commerce activities. Without a functioning website, it’s likely that GK Wine House Ltd primarily operates through wholesale or direct sales channels.

Financially, GK Wine House Ltd presents a concerning picture. Net assets have plummeted by a staggering 99.9%, leaving the company with just £120. Cash reserves have also evaporated, falling 99.9% to a mere £810. Trade debtors have decreased slightly, but creditors have vanished completely. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited. The dramatic decrease in assets and the complete disappearance of creditors suggest significant financial distress, possibly indicating a break-up basis accounting approach. The lack of cash and the reliance on trade debtors could be a cause for concern, but without further information, it’s difficult to determine the underlying reasons.

Registered in England/Wales under the registration number 09732469, with a registered address at SL5 9HX, United Kingdom, Ascot, Berkshire, 14 Llanvair Close.

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