SIPSMITH LIMITED

Active
Company number 06373864Private limited companyIncorporated 2007

Key figures

−£59,819,000-25.4%
Net assets 2024
-60 m-40 m-20 m020232024

† SIPSMITH LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2024

Sector comparison

SIC 11010

Where the company stands among the 1,926 active companies whose first SIC code is 11010 (Distilling, rectifying and blending of spirits).

Turnover£13,275,000
Higher than 57% · median £9,541,905 among 59 that publish turnover
Net assets−£59,819,000
Lower than 99% · median £1
Total assets£21,303,000
Higher than 95% · median £49,874
Cash£1,492,000
Higher than 95% · median £11,228
Employees45
Higher than 97% · median 1
Company age19.1 years
Older than 91% · median 6.8 years
Largest in this sector by net assets
  1. COATES & CO. (PLYMOUTH) LIMITED£4.3bn
  2. CHIVAS BROTHERS PERNOD RICARD£2.3bn
  3. THE MACALLAN DISTILLERS LIMITED£1.3bn
  4. WILLIAM GRANT & SONS DISTILLERS LIMITED£686.8m
  5. BEAM SUNTORY UK LIMITED£613.7m
  6. WHYTE AND MACKAY LIMITED£525.7m
  7. JOHN DEWAR AND SONS LIMITED£410.2m
  8. THE EDRINGTON GROUP LIMITED£406.3m
  9. WILLIAM GRANT & SONS LIMITED£252.6m
  10. THE BENRIACH DISTILLERY COMPANY LIMITED£234.5m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 1,926. The line on each bar marks the median.

Summary: SIPSMITH LIMITED

What kind of company is it?

SIPSMITH LIMITED is a private limited company registered with Companies House under company number 06373864. It was incorporated on 18 Sep 2007. Its status is active. The registered office is in London (W4). Its nature of business (SIC 2007) is distilling, rectifying and blending of spirits (11010).

How is the company doing financially?

The latest accounts in the database are for 2024 (period ending 31 Dec 2024); the company files full accounts. Turnover was £13,275,000. Loss for the year was £12,124,000. Net assets were −£59,819,000, down 25.4% on the previous year. Cash at bank and in hand was £1,492,000. Total assets were £21,303,000 and total liabilities £81,122,000. The company had an average of 45 employees. Figures are available for 2 financial years (2023–2024).

How does it compare with similar companies?

Compared with 1,926 active companies whose first SIC code is 11010: By turnover it ranks higher than 57% of the 59 that publish turnover (median £9,541,905). By net assets it ranks lower than 99% of them (median £1). By total assets it ranks higher than 95% of them (median £49,874). By cash it ranks higher than 95% of them (median £11,228). By number of employees it ranks higher than 97% of them (median 1). It is older than 91% of them (median age 6.8 years).

Who runs and controls the company?

One person with significant control is registered. 3 of 3 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 15 Jun 2027.

Filed accounts2023–2024
2023 †2024 †
Turnover14,277,00013,275,000
Profit for the year-13,030,000-12,124,000
Cash at bank and in hand1,662,0001,492,000
Total assets25,911,00021,303,000
Total liabilities73,606,00081,122,000
Net assets / total equity-47,695,000-59,819,000
Average number of employees5845

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

History

9 events
  1. Financial year 2024 endedAccounts: turnover £13.3m, net assets −£59.8m, 45 employees
  2. Financial year 2023 endedAccounts: turnover £14.3m, net assets −£47.7m, 58 employees
  3. Suntory Uk Holdings Limited registered as a person with significant control
  4. Mr Timothy John Galsworthy ceased to be a person with significant control
  5. Mr Fairfax Alexander Charles Hall ceased to be a person with significant control
  6. Mr Timothy John Galsworthy registered as a person with significant control
  7. Mr Fairfax Alexander Charles Hall registered as a person with significant control
  8. Name changed to SIPSMITH LIMITEDPreviously OLIMARA LIMITED
Earlier events (1)
  1. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.