Wiper & True Ltd.

Wiper & True Ltd, a Bristol-based brewery, is a small, active company founded twelve years ago in 2012. Employing forty people, the company operates from a real address and is led by seven directors and two owners. It’s a regular importer of machinery, boilers, and mechanical appliances – parts, with 17 months of import activity recorded, and an irregular exporter with just two months of export activity. The company’s website, Wiper and True, showcases a range of beers and a commitment to sustainability.

The brewery’s core business is crafting and selling beer, with a strong online presence and a focus on direct-to-consumer sales. The website highlights subscription clubs, limited-edition releases, and even a taproom and barrel store in Bristol. It’s a business that clearly values community and craftsmanship.

Financially, W&T shows some interesting trends. Accumulated amortisation impairment intangible assets increased by 36%, while depreciation impairment property plant equipment rose by 31%. Cash bank on hand increased by 61%, a positive sign, but net assets decreased by 93%, a significant drop. Creditors decreased by 6.1%, which is good, but bank borrowings increased by 49%, suggesting a reliance on debt. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the equity decline warrants attention. No auditor is mentioned, likely due to the small company exemption.

Overall, W&T appears to be a vibrant brewery facing typical challenges for growing businesses. The focus on online sales and community engagement seems to be working, but managing debt and maintaining profitability will be key to long-term success.

Registered in England/Wales under the registration number 08234893, with a registered address at BS2 9XT, Bristol, 2-8 York Street, St. Werburghs.

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