Best Wines London Ltd
Registered name: BEST WINES LONDON LTD
Best Wines London Ltd made £24.1m revenue and £740k profit in the year to 31 Dec 2024.
Best Wines London Ltd’s revenue was £24.1m in the year to 31 Dec 2024, with £740k profit and 32 employees. The company is classified under “wholesale of wine, beer, spirits and other alcoholic beverages” and is based in Walton-on-Thames; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Walton-on-Thames, London
- Age
- 15 yrs · since 2011
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £29.6m | £24.1m |
| Cost of sales | — | £26m | £20.5m |
| Gross profit | — | £3.6m | £3.5m |
| Operating profit | — | £1.2m | £1.3m |
| Profit before tax | — | £1.2m | £1.1m |
| Profit after tax | — | £1m | £740k |
| Profit (best available) | — | £1m | £740k |
| Staff costs | — | £1m | £1.1m |
| Employees (average) | 29 | 48 | 32 |
| Ratios | |||
| Profit margin | — | 3.4% | 3.1% |
| Gross margin | — | 12.2% | 14.7% |
| Revenue per employee | — | £617k | £752k |
| Profit per employee | — | £21k | £23.1k |
| Cash conversion | — | 72.2% | −81.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2.9m | £1.4m | £1.3m |
| Net assets | £349k | £959k | £1.3m |
| Fixed assets | £113k | £623k | £649k |
| Current assets | £4.9m | £6.2m | £6.3m |
| Debtors | £1.1m | £1.7m | £1.8m |
| Cash from operations | — | £902k | −£1.1m |
| Source | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 3.1%
- Profit ÷ revenue.
- Gross margin
- 14.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £752k
- Revenue ÷ average employees.
- Profit per employee
- £23.1k
- Profit ÷ average employees.
- Cash conversion
- −81.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.5%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now £1.3m
- Cash at bank
- —
- Now £1.3m
- Headcount
- —
- Now 32
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £649k
Similar profitable businesses
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- Tanners Wines LimitedWholesale of wine, beer, spirits and other alcoholic beverages
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- Baby Bottles (Wholesale) LimitedExhall · Wholesale of wine, beer, spirits and other alcoholic beverages
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £740k), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.