Wineflow Freight Forwarding Ltd

Wineflow Freight Forwarding Ltd, based in Brighton, UK, is a sizable company with a holding structure and active status. Established 23 years ago in 2002, the firm employs 35 people and holds assets worth £10,030,012. Its yearly revenue is a substantial £26,091,091. While it has a registered address, it's likely a virtual one, as 46 companies share the same location. The company is overseen by two directors and two owners, although the owner list may not be exhaustive.

Wineflow specializes in freight transport by road, acting as both an irregular importer and a regular exporter of drinks, alcohol, and vinegar. It imports these goods for just one month out of the year, with the last import occurring in January 2018, and exports for nine months, with the last export recorded in February 2020.

Financially, Wineflow appears to be doing well. Current assets have increased by a healthy 23%, reaching £10,000,000, and turnover has climbed 11% to £26,000,000. However, net assets have also risen significantly, up 35% to £5,700,000. Bank borrowings have increased, and cash reserves have decreased, which could indicate increased investment or working capital needs. Despite these changes, the company’s creditors have decreased, suggesting improved debt management. The company meets two of three criteria for being a large company, indicating it's a sizable operation. The financial statements were audited by Hartley Fowler LLP.

The company’s growth in assets and revenue suggests a thriving business, but the decrease in cash reserves warrants closer monitoring. It’s likely that Wineflow is reinvesting in its operations to support its ongoing export activities, and the increase in bank borrowings could be a sign of this. The company’s financial position seems stable, but it's important to keep an eye on its cash flow and debt levels in the coming year.

Registered in England/Wales under the registration number 04386827, with a registered address at BN1 1EY, Brighton, East Sussex, Pavilion View, 19 New Road.

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