The Cocktail Man Limited

The Cocktail Man Limited is a small, active company based in London, UK, founded eight years ago in 2016. With £88,934 in assets and a virtual address, it employs just two people and is overseen by one director and owner. The company is registered at WC1X 8TA, England, London, C/O Cooper Parry, New Derwent House, 69-73 Theobalds Road, though this address is likely virtual as 286 companies share it. It operates in the other business support service activities n.e.c. industries and is an irregular importer, with its top import category being Glass and Glassware, totaling 1 months of imports, the last operation conducted in October 2022.

While the company's website is unavailable, its profile indicates a focus on providing business support services. It’s unclear if it has an e-commerce presence or if its services are purely B2B.

Financially, The Cocktail Man Limited presents a concerning picture. Current assets have plummeted by 65%, dropping to £89,000, while net assets have also seen a dramatic decline, falling 100% to -£440,000. Cash reserves have shrunk by a staggering 92%, leaving just £6,600. Bank borrowings have vanished, which is a positive, but the significant increase in creditors—particularly non-financial instruments—suggests mounting debt. Trade debtors have also seen a sharp decrease, indicating difficulties in collecting payments. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) may offer some flexibility, but the substantial losses and dwindling cash reserves are a cause for concern. As a small company, it is exempt from an audit, so the figures are unaudited.

The dramatic shift in equity—a 29% increase in negative retained earnings—suggests the company is burning through cash at an alarming rate. Whether this is a temporary setback or a longer-term trend remains to be seen, but The Cocktail Man Limited faces significant financial challenges.

Registered in England/Wales under the registration number 10304848, with a registered address at WC1X 8TA, England, London, C/O Cooper Parry, New Derwent House, 69-73 Theobalds Road.

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