Taste Cocktails Ltd

Taste Cocktails Ltd is a small, holding company based in Solihull, UK, with an active trading status. Founded nine years ago in May 2015, the company employs just one person and holds £81,634 in assets. It operates from a real address shared by four other companies, indicating a likely genuine business location. With one director and one owner, the company appears to be tightly controlled.

The company's website showcases a monthly cocktail subscription service and cocktail-making kit gifts. It’s clearly an e-commerce business, offering a range of mini cocktail kits, discovery kits, and even a three-month gift subscription. The website emphasizes quality ingredients, easy-to-follow recipes, and a fun, engaging experience—all aimed at attracting cocktail enthusiasts. They even have a section for recipes and articles, reinforcing their position as a source of cocktail knowledge.

Financially, Taste Cocktails Ltd presents a mixed picture. Current assets have decreased by a significant 38%, dropping to £82,000, while net assets have fallen even further, declining 40% to -£41,000. Bank borrowings have increased, and cash reserves are down 23% to £38,000. Creditors have also decreased, suggesting better debt management, but the substantial equity drop is a cause for concern. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the declining equity suggests they are burning through money. No auditor is mentioned, which is common for small companies.

Overall, Taste Cocktails Ltd seems to be a small, ambitious e-commerce business facing some financial challenges. While their subscription model and quality products are appealing, they need to address the declining equity to ensure long-term sustainability.

Registered in England/Wales under the registration number 09578819, with a registered address at B93 0HT, United Kingdom, Solihull, West Midlands, First Floor 20-22 Station Road, Knowle.

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