Cult Wines Limited in London, W6 9AR

Description

Data updated on: 01-11-2023

Cult Wines Limited could be reached at Clockwork Building, Beavor Lane in London. Its postal code is W6 9AR. Cult Wines has been actively competing on the British market since the company was registered on 22nd August 2007. Its registration number is 06350591. The firm's Standard Industrial Classification Code is 96090 which means Other service activities not elsewhere classified. 31st December 2021 is the last time company accounts were filed.

Having two recruitment announcements since January 9, 2017, the company has been a rather active employer on the job market. On January 9, 2017, it started recruiting new workers for a full time China & Hong Kong SAR Marketing Manager position in Richmond, and on January 9, 2017, for the vacant position of a full time Private Client Wine Sales Portfolio Manager China & HK SAR in Richmond.

In the company, all of director's tasks up till now have been performed by Philip G. and Thomas G.. When it comes to these two individuals, Thomas G. has carried on with the company the longest, having become a member of the Management Board seventeen years ago.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-08-31	2012-08-31	2021-12-31	2022-12-31
Currency
Net Worth	56 699	22 873

Balance Sheet
Cash Bank On Hand			1 347 863	1 290 127
Current Assets	415 371	485 038	21 246 880	15 471 666
Debtors	195 067	259 826	16 700 159	12 797 532
Net Assets Liabilities			303 124	534 620
Other Debtors			2 987 538	1 707 695
Property Plant Equipment			349 184	284 619
Cash Bank In Hand	142 537	116 395
Net Assets Liabilities Including Pension Asset Liability	56 699	22 873
Stocks Inventory	77 767	108 817
Tangible Fixed Assets	6 980	24 791

Capital & Reserves
Called Up Share Capital	10	10
Profit Loss Account Reserve	56 689	22 863
Shareholder Funds	56 699	22 873

Other Financial Data
Accrued Liabilities Deferred Income			8 990	1 613 982
Accumulated Amortisation Impairment Intangible Assets			468 073	1 187 645
Accumulated Depreciation Impairment Property Plant Equipment			635 537	754 236
Additions Other Than Through Business Combinations Intangible Assets				4 627 707
Additions Other Than Through Business Combinations Property Plant Equipment				54 134
Administrative Expenses			14 027 249	14 321 554
Amounts Owed To Group Undertakings			25 522	1 568 710
Average Number Employees During Period			44	63
Cash Cash Equivalents			3 000 964	1 670 520
Cash Cash Equivalents Cash Flow Value			1 347 863	1 290 127
Cash Flows From Disposal Or Reduction In Control Over Subsidiaries Or Other Businesses			197 943	1 021
Cash Receipts From Repayment Other Loans Advances Classified As Investing Activities				1 182 933
Comprehensive Income Expense			-2 175 624	-2 332 670
Corporation Tax Payable			125 214	289 070
Corporation Tax Recoverable			402 698	409 872
Cost Sales			77 242 421	74 338 060
Creditors			24 510 753	21 694 440
Current Tax For Period			56 470	225 220
Deferred Tax Asset Debtors			163 006
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period			-218
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws			25 936
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			-13 933	53 160
Dividends Paid Classified As Financing Activities			-480 000	-457 426
Dividends Paid To Owners Parent Classified As Financing Activities			-480 000	-457 426
Equity Securities Held			375 939	375 939
Finance Lease Liabilities Present Value Total			38 941	38 941
Finished Goods Goods For Resale			3 198 858	1 384 007
Fixed Assets	6 980	24 791	3 661 129	6 757 394
Foreign Exchange Differences Increase Decrease In Depreciation Impairment Property Plant Equipment				9 261
Further Item Deferred Expense Credit Component Total Deferred Tax Expense			-218	-163 006
Further Item Operating Income Gain Income Statement Item Component Operating Profit Loss				-317 615
Further Item Tax Increase Decrease Component Adjusting Items			22 592	-51 895
Gain Loss Due To Foreign Exchange Differences Before Tax In Other Comprehensive Income			20 440	-223 761
Income Taxes Paid Refund Classified As Operating Activities			-342 742	-209 073
Increase Decrease From Foreign Exchange Differences Property Plant Equipment				1 911
Increase Decrease In Cash Cash Equivalents From Foreign Exchange Differences			20 440	-223 761
Increase Decrease In Current Tax From Adjustment For Prior Periods			-40 793	140 535
Increase From Amortisation Charge For Year Intangible Assets				719 572
Increase From Depreciation Charge For Year Property Plant Equipment				118 699
Intangible Assets			2 638 699	6 159 515
Intangible Assets Gross Cost			3 013 707	6 791 778
Interest Paid Classified As Operating Activities			-20 258
Interest Payable Similar Charges Finance Costs			20 258
Interest Received Classified As Investing Activities			-401	-1 213
Investments			673 246	674 267
Investments Fixed Assets			673 246	674 267
Investments In Subsidiaries			297 307	298 328
Net Cash Generated From Operations			1 736 075	-5 623 709
Net Finance Income Costs			401	1 213
Other Creditors			49 888	149 231
Other Interest Receivable Similar Income Finance Income			707	1 213
Pension Other Post-employment Benefit Costs Other Pension Costs			76 560	200 459
Prepayments Accrued Income			2 051 277	1 272 487
Proceeds From Sales Other Long-term Assets Classified As Investing Activities			375 939
Profit Loss			-744 690	688 922
Property Plant Equipment Gross Cost			984 721	1 038 855
Purchase Intangible Assets			-2 366 583	-3 778 071
Purchase Property Plant Equipment			-149 387	-54 134
Staff Costs Employee Benefits Expense			4 254 364	5 166 960
Taxation Including Deferred Taxation Balance Sheet Subtotal			94 132
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			70 844	285 601
Tax Increase Decrease From Effect Foreign Tax Rates			-52 929	552 424
Tax Tax Credit On Profit Or Loss On Ordinary Activities			11 785	271 623
Total Current Tax Expense Credit			15 677	365 755
Total Deferred Tax Expense Credit			11 785	-109 846
Trade Creditors Trade Payables			24 141 107	24 084 406
Trade Debtors Trade Receivables			5 714 249	3 235 187
Wages Salaries			3 723 289	4 388 478
Creditors Due After One Year		6 226
Creditors Due Within One Year	365 652	480 730
Net Current Assets Liabilities	49 719	4 308
Number Shares Allotted		2
Par Value Share		1
Share Capital Allotted Called Up Paid	2	2
Tangible Fixed Assets Additions		26 446
Tangible Fixed Assets Cost Or Valuation	10 519	36 965
Tangible Fixed Assets Depreciation	3 539	12 174
Tangible Fixed Assets Depreciation Charged In Period		8 635
Total Assets Less Current Liabilities	56 699	29 099