Kal Wine Source Uk Ltd
- Active
- Small
- 15 years
- 7 employees
- £1,291,909 (cur assets)
- 1m-15m
- Regular importer
- Regular exporter
- Virtual address
- 1 director
- No owners
- London
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Kal Wine Source Uk Ltd is a small, active company based in London, UK, founded fourteen years ago in 2010. It employs seven people and holds assets totaling £1,291,909. The company operates from a virtual address, registered with sixty-four other companies, and is managed by a single director, with no owners officially reported. It’s a regular importer and exporter of drinks, alcohol, and vinegar, with 363 months of import activity and 338 months of export activity recorded.
The company’s website, winesourcestore.com, showcases a curated selection of fine wines, emphasizing exclusive access and a focus on grower champagne and unique bottles. It operates as an e-commerce business, offering a range of wines categorized by region, style, and vintage. The site also features a news section highlighting industry events and producer profiles, and a blog with articles about wine appreciation. The company even has a phone number to call for advice.
Financially, Kal Wine Source Uk Ltd presents a mixed picture. Current assets have decreased by 35% to £1,300,000, while net assets have fallen by 18% to -£2,000,000. Bank borrowings have significantly reduced by 97% to £15, and cash reserves have dropped 46% to £30,000. Creditors have decreased by 38%, suggesting improved financial management. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in equity raises concerns. The unaudited figures, with no auditor mentioned, rely on director-reported data.
The company’s trend of decreasing assets and increasing liabilities suggests it may be burning through cash. The reliance on creditors to manage operations could be a sign of financial strain, but the decrease in bank borrowings indicates a conscious effort to reduce debt. It’s possible the company is investing in inventory or marketing to drive sales, but the long-term sustainability of this strategy remains to be seen.
Registered in England/Wales under the registration number 07459012, with a registered address at SW1Y 4BP, United Kingdom, London, 6th Floor Kings House, 9-10 Haymarket.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Managers
-
Individual
- 6 months
-
Resident of France
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Termination of appointment of Steven John Blackmore as a director on 2025-12-23Download 1 page pdf report
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Appointment of Tristan Torlach as a director on 2025-12-23Download 2 pages pdf report
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Confirmation statement made on 2025-11-03 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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