Tapp'd Cocktails Ltd

Tapp’d Cocktails Ltd, based in Leigh-On-Sea, UK, is a small, active company founded six years ago in 2019. With eleven employees and £4,301,925 in assets, it operates from a real address and is overseen by one director and owner. The company regularly imports drinks, alcohol, and vinegar – a consistent 44-month activity – but exports these same products irregularly, with just two months of activity recorded as of May 2022.

The company's website, tappdcocktails.co.uk, showcases a range of ready-to-drink cocktails, mixers, and spirits, emphasizing premium ingredients and unique flavor combinations. While it doesn’s appear to be a full-blown e-commerce site, the site does feature a “trade” section, suggesting it caters to bars, restaurants, and other wholesale clients. The company operates in the distilling, rectifying and blending of spirits, the wholesale of wine, beer, spirits and other alcoholic beverages, and research and experimental development.

Financially, Tapp’d Cocktails Ltd presents a mixed picture. While current assets have seen a significant increase, jumping 170% to £4,300,000, other key indicators reveal potential challenges. Bank borrowings have surged by 240%, reaching £3,800,000, and trade debtors have ballooned by 240%, suggesting a reliance on customer payments. Equity, however, has increased by 50%, reaching £840,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt warrants closer attention. There's no auditor mentioned, which is likely due to the company's exemption as a small company.

Overall, Tapp’d Cocktails Ltd appears to be growing, but it’s also managing increased debt. The company's focus on premium products and trade clients suggests a strategy of quality over quantity, but it will need to carefully manage its finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 11777759, with a registered address at SS9 5PR, England, Leigh-On-Sea, Tapp'D Cocktails Ltd C/O Jindal House, 35 Progress Road.

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