Winerackd Limited

Winerackd Limited, based in Stanmore, UK, is a small, active company founded ten years ago in 2014. With a single employee and £414,206 in assets, it operates from a virtual address, managed by one director and owner – a solo founder. The company regularly imports glass and glassware, with 34 months of import activity recorded, the last in February 2025.

The company's website, winerackd.uk, presents itself as a purveyor of "wine, better," working with leading producers and merchants to enhance the wine-drinking experience. It offers a range of products, including glassware, wine preservation systems (like Coravin), and accessories. The site also features a blog with opinion pieces and a contact form, suggesting a focus on both retail and industry engagement. It has a physical address in Farringdon Street, London, and a phone number.

Financially, Winerackd Limited shows a mixed picture. Current assets remained stable at £410,000, while net assets grew by 24% to £380,000. Cash reserves increased by 4.4% to £270,000. However, creditors decreased significantly by 78% to £22,000, and trade debtors fell by 14% to £89,000. Bank borrowings are at £29,000. The company meets two of the three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). With no auditor mentioned, the unaudited figures rely on director-reported data.

While the company’s growth in net assets is encouraging, the sharp decrease in creditors and trade debtors suggests a potential shift in payment terms or a slowdown in sales. The company’s focus on high-end wine accessories and its online presence indicate a deliberate strategy to cater to a specific market segment, but its long-term financial health will depend on maintaining sales momentum and managing its working capital effectively.

Registered in England/Wales under the registration number 09307145, with a registered address at HA7 1JS, Stanmore, Middlesex, Devonshire House, 582 Honeypot Lane.

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