VEBLEN WINES LTD
Company number 06756983 · Monitor this company
Executive summary
Veblen Wines Ltd is a boutique fine wine merchant operating at the niche intersection of wine trading and alternative investment management, with a modest balance sheet of £884k and 4 employees. While the business has demonstrated longevity since 2008 and maintains low trade creditor exposure, its competitive position is materially undermined by a £170,240 director loan (representing 88% of net assets), declining equity from £233k to £194k over two years, and opaque provisions of £638k that dwarf the company's net worth. The 75% erosion in cash reserves since 2018 and the director's financial entanglement with the business raise significant concerns about capital allocation discipline and long-term sustainability in an increasingly competitive UK fine wine market.
Shareholders' funds
£130,695
Balance sheet as at 2025-11-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2008-11-24
- Employees
- 2 (2025 accounts · was 4 in 2024)
- Registered office
- 21 Highnam Business Centre, Highnam, Gloucester, United Kingdom, GL2 8DN
- Postcode
- GL2 8DN
- Capital
- 1,012 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2025-11-30
- Next due by
- 2027-08-31
- Financial year end
- 30 November
Confirmation statement
- Last statement dated
- 2026-01-05
- Next due by
- 2027-01-19
Nature of business (SIC)
- 82990 Other business support service activities not elsewhere classified
Officers 1 current · 3 resigned
Previous registered addresses 3
| Address | Changed on |
|---|---|
| 8TH FLOOR COLMAN HOUSE KING STREET, MAIDSTONE, KENT, ME14 1DN | 2019-09-11 |
| HOLLY BANK CHAMBERS OASTS BUISNESS VILLAGE, RED HILL, WATERINGBURY, MAIDSTONE, KENT, ME18 5NN, ENGLAND | 2019-09-11 |
| 104 BRANBRIDGES ROAD, EAST PECKHAM, KENT, TN12 5HH | 2015-07-09 |
Among its peers
Top 25%
by shareholders' funds, of 1,175 similar companies in GL
Trading since 2008.
Competitors Cheltenham
This company ranks 270 among other business support service activities not elsewhere classified in Cheltenham.
The class of 2008
16%
of the 25,208 companies in this sector incorporated in 2008 are still active today; 82% have since been dissolved.
A fact about the year, not a forecast for this company.