Mothaiba Drink Ltd

Mothaiba Drink Ltd is a small, active company based in London, UK, founded just one year ago. It holds £7,887 in assets and operates from a real address, managed by two directors and two owners. The company meets two of the three conditions to be classified as small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, mothaibadrink.com, showcases a unique vodka brand infused with Asian flavors like pandan, makrut lime, ginger, and lime zest. It’s clearly an e-commerce venture, offering a range of cocktails and signature serves alongside detailed product specifications and a contact form. The site’s design is clean and modern, with a focus on high-quality imagery and a premium feel. It’s also been featured in publications like Wallpaper* and Monocle, suggesting a focus on brand building and a target market interested in unique, high-end spirits.

Financially, Mothaiba Drink Ltd’s report paints a mixed picture. While the company is still young, some figures are concerning. Net assets are currently at -£7,500, indicating the company is burning through cash rather than accumulating it. Cash bank on hand sits at just £130, a very low level. Creditors have remained steady at £22,000, and bank borrowings are also stable at £22,000, but the significant negative equity suggests the company is reliant on external funding. The increase from depreciation charge for the year is £2,400, and the company’s property plant equipment is valued at £7,200. The company is exempt from an audit, so the numbers are unaudited.

Despite these challenges, the company’s focus on a niche product, its brand presence, and its active e-commerce platform suggest a potential for growth. However, Mothaiba Drink Ltd will need to carefully manage its cash flow and secure additional funding to sustain its operations and achieve profitability.

Registered in England/Wales under the registration number 14876048, with a registered address at NW1 9PX, England, London, Flat 9 106-110 Kentish Town Road.

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