Talkin Green Ltd

Talkin Green Ltd is a small, active company based in London, UK, founded seven years ago in 2018. With £55,703 in assets and a real address at 17 Kingshurst Road, it’s a solo-founded operation run by a single director and owner, Mukasa Timothy. The business operates an e-commerce site selling wines and spirits, boasting a wide selection from around the world. While primarily focused on online retail, the website also highlights a trade service for pubs, restaurants, and the licensed trade.

The company’s website, Talking Wines, positions itself as a curated selection of wines and spirits, emphasizing quality and independent producers. From Argentina to Uruguay, the site offers a diverse range of options, alongside a blog with wine-related content and tasting events. The site also has a retail shop in Cirencester. Though small, it’s clearly aiming to provide a premium experience for wine enthusiasts and trade customers alike.

Financially, Talkin Green Ltd shows a mixed bag. Cash reserves jumped significantly by 4,100%, reaching £42,000, a positive sign of improved liquidity. However, net assets declined by 64%, falling to -£18,000, suggesting losses outweighing accumulated profits. Bank borrowings decreased by 45%, to £11,000, which could indicate better debt management. Trade debtors increased substantially by 370%, to £1,800, potentially reflecting a shift in payment terms or increased sales on credit. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the equity decline is a concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Talkin Green Ltd seems to be navigating a period of change. The increase in cash and decrease in bank borrowings are encouraging, but the negative equity suggests the company is burning through money. It’s a common challenge for e-commerce startups, and whether Talkin Green Ltd can sustain its growth remains to be seen.

Registered in England/Wales under the registration number 11155515, with a registered address at SE12 9LD, United Kingdom, London, 17 Kingshurst Road.

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