Winetraders (uk) Limited

Winetraders (UK) Limited, based in Witney, Oxfordshire, is a small, active company established 26 years ago. Employing six individuals, it holds assets valued at £1,076,547 and boasts a perfect 5.0 Google rating from three reviews. The company operates from a real address and is led by one director and owner, Palij Michael Ian Norman. It’s a regular importer of drinks, alcohol, and vinegar, with 227 months of import activity recorded, the latest in February 2025.

The company’s website showcases Winetraders as an importer and distributor of high-quality estate wines, specializing in Italian, Spanish, German, Australian, and South American varieties. It caters to both retailers and consumers, offering a selection of wines, spirits, and fortified wines. The website also highlights the company’s founder, Michael Palij MW, a Canadian who established Winetraders in 1997. The site includes a blog with recent articles on wine-related topics and a contact form for sales inquiries. The business appears to be primarily focused on wholesale and distribution, with a strong emphasis on single-estate wines and expert selection.

Financially, Winetraders (UK) Limited presents a mixed picture. Cash bank on hand increased significantly by 32%, reaching £130,000, while current assets grew by 6.8% to £1.1 million. However, net assets increased by a more modest 18% to £400,000. Trade creditors rose considerably by 30% to £430,000, and bank borrowings decreased slightly to £8,900. 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 flexibility, but the increase in creditors suggests a need to manage debt carefully. The unaudited figures, combined with the lack of an auditor mentioned, rely on director-reported data.

Overall, Winetraders (UK) Limited seems to be a stable, albeit small, business. The company’s focus on high-quality wines and its strong online presence position it well in the competitive drinks market, but managing its growing liabilities will be key to its continued success.

Registered in England/Wales under the registration number 03593244, with a registered address at OX29 8LJ, Witney, Oxfordshire, 5 Bankside, Hanborough Business Park Long Hanborough.

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