BB&R LIMITED

1. BB&R LIMITED 2006-03-31 → present
2. BR WINE LIMITED 2005-06-28 → 2006-03-31

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

FORVIS MAZARS LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Considering possible changes in trading performance on the Company and its global operations, and after making enquiries, the Directors have reasonable expectation that the Company has adequate resources to continue in operational existence for at least 12 months from the date of approval of these financial statements. Accordingly, the Directors consider it appropriate to adopt the going concern basis in preparing the financial statements.”

Group structure

1. BB&R LIMITED · parent
   1. Berry Bros. & Rudd Hong Kong Limited 100% · Hong Kong · Dormant
   2. BB&R (HK) Limited 100% · Hong Kong · Retail and wholesale wine merchants
   3. Berry Bros. & Rudd - Singapore PTE Limited 100% · Singapore · Retail and Wholesale wine merchants
   4. Richards Walford SARL 100% · France · Bordeaux negociant
   5. Richards Walford & Co 100% · England & Wales · Dormant
   6. Morris & Verdin Limited 100% · England & Wales · Non-trading
   7. BB&R USA Holdings Co. LLC* 100% · United States of America · Non-trading
   8. BB&R USA LLC* 100% · United States of America · Retail wine merchants

Significant events

• “On 24 February 2022, Russia invaded Ukraine, which has led to an on-going military conflict between the two countries. As a result, the UK Government and many other national governments have imposed specific sanctions on Russia and Belarus, and on a number of individuals, which, inter alia, prevent certain trading and other business activities with Russia, Belarus, and the sanctioned individuals in the current circumstances. We continue to review our operations to confirm that we have the necessary controls in place to ensure compliance with all applicable sanctions. This includes, enhanced checks across all customer-facing parts of the business for any potential customers implicated in the sanctions, and regularly updates to those checks in line with changes to the underlying sanctions legislation. During the 2023 financial year, the Defined Benefit pension scheme stopped all direct purchases of Russian or Belarusian equity, fixed income or currency, and distribution of BB&R labelled single malt Scotch to Russia was halted.”
• “At 31 March 2025, BB&R Limited's financing facility is comprised of a £25,000,000 property-secured term loan and £32,000,000 asset-backed loan (ABL) secured against BB&R Limited inventory. This financing arrangement expired in August 2025, with a new financing agreement commencing with HSBC with a new asset-backed loan (ABL) of £27,000,000 and a revolving credit facility (RCF) of £10,000,000.”
• “In August 2025, the existing financing facility with PNC was redeemed with a new facility put in place with HSBC, which includes an Asset-Based Lending facility (ABL) with a limit of £27,000,000 and a Revolving Credit Facility (RCF) with a limit of £10,000,000.”
• “The Company has invested in starting a new business in Washington D.C, which includes opening a Fine Wine & Spirits retail store and a Private Client & Online function. As at the time of signing this report by the Directors' a total of £4,700,000 has been spent on the project, with £3,100,000 on stock, £850,000 on capital expenditure for the retail space and the remaining expenditure on marketing and project management.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -10.3%

  £170,500,000 → £152,921,000

• Cash

  -38.4%

  £7,990,000 → £4,925,000

• Net assets

  +15.4%

  £80,063,000 → £92,378,000

• Employees

  —

  Not reported

• Operating profit

  -27.7%

  £5,464,000 → £3,951,000

• Profit before tax

  +409.3%

  £2,322,000 → £11,825,000

• Wages

  -5.1%

  £19,421,000 → £18,425,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers