Woolf Drinks Ltd

Woolf Drinks Ltd, based in London UK, is a small, active company founded twelve years ago in 2012. Employing six people and boasting £2,300,884 in assets, it operates from a virtual address—a fact highlighted by the presence of 1394 other companies registered at the same location. The business is led by two directors and a solo founder, Sebastian Woolf. It regularly imports and exports drinks, alcohol, and vinegar, with activity recorded over the past three months.

The company’s website showcases a range of premium wines and spirits, emphasizing its role as a merchant of fine beverages. It features its own brands, Artful Dodger and Cut Your Wolf Loose, alongside a separate division specializing in piano restoration and sales—1066 Pianos. The website’s clean design and focus on customer service suggest a modern e-commerce approach.

Financially, Woolf Drinks Ltd presents a mixed picture. Current assets have decreased by 28%, falling to £2,300,000, while net assets have also declined by 19%, reaching £2,300,000. Cash reserves have fallen significantly, dropping 62% to £190,000. Trade debtors have also seen a substantial decrease, falling 42% to £860,000. On the positive side, creditors have decreased by 90%, a significant improvement. 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 drop in equity warrants closer examination. The accounts are unaudited, and no auditor is mentioned.

The company’s reliance on a virtual address and the decline in cash reserves suggest it may be burning through money, though the decrease in creditors indicates better debt management. Whether the piano division provides a stable revenue stream or adds complexity remains to be seen.

Registered in England/Wales under the registration number 08125281, with a registered address at W1T 7NF, United Kingdom, London, Level 5a Maple House, 149 Tottenham Court Road.

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