Mono Wine Ltd

Mono Wine Ltd, a small, active company based in London, UK, was founded four years ago in May 2020. Despite being solo-founded and managed by a single director and owner, Esanu Dan, the company is currently facing challenges, with accounts overdue by one month. It employs just one person and holds a modest £2 in assets. The registered address, 60a Fortune Green Road, is likely real, as only one other company is registered there.

The company operates in a diverse range of industries, including wholesale of wine, beer, and spirits, retail sales in non-specialised stores, and even retail via mail order and internet. However, the website reveals a surprising focus: Mono, an open-source .NET framework. The site details its history, development, and eventual stewardship transfer to the WineHQ organization. Microsoft maintains a modern fork, and the project is encouraging users to migrate to .NET. The website is clearly geared toward developers and emphasizes community contributions, documentation, and open-source collaboration. It’s not an e-commerce site in the traditional sense, but rather a platform for software development.

Financially, Mono Wine Ltd presents a concerning picture. Net assets have fallen to just £7, while cash reserves have dwindled to a mere £2. Bank borrowings have increased, and trade debtors are high, suggesting potential cash flow problems. Although the company meets the criteria for a small business (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), the significant decrease in equity and the lack of cash raise questions about its financial health. No auditor is mentioned, which is common for small, exempt companies. It’s possible the company is burning through cash to support the open-source project, but the lack of revenue generation is apparent.

Registered in England/Wales under the registration number 12626666, with a registered address at NW6 1DT, England, London, 60a Fortune Green Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.