The Mindful Drinking Company Limited

The Mindful Drinking Company Limited, based in Exeter, UK, is a small, active company founded six years ago in 2019. With a single employee and £5,713 in assets, it operates an e-commerce site specializing in non-alcoholic beverages. The company has three directors and three owners—Truman Martin Giles, Humphreys Christine, and Risby John—all listed as PSCs. Its registered address is real, with only three companies registered at the same location.

The company’s website, themindfuldrinking.com, is a vibrant online marketplace for alcohol-free alternatives to wine, spirits, and cocktails. It offers a wide range of products, including curated bundles, mixers, and bar tools, catering to consumers seeking healthier and mindful drinking options. The site emphasizes premium quality, diverse preferences (organic, gluten-free, vegan), and a user-friendly shopping experience. It even has a blog with recipes and articles about the benefits of non-alcoholic beverages.

Financially, The Mindful Drinking Company Limited’s recent performance presents a mixed picture. Current assets have significantly decreased by 61%, falling to £5,700, while net assets also dropped, reaching -£51,000. Bank borrowings have also increased, reaching £46,000. Cash reserves have plummeted 90%, leaving just £420. While creditors have decreased slightly, the sharp decline in assets and cash raises concerns about the company’s financial health. The company's small size—meeting two of three criteria for a small company—allows for agility, but the substantial equity loss suggests it may be burning through cash. With no auditor mentioned, the figures are unaudited.

Despite these challenges, the company's strong online presence and focus on a growing market—the demand for non-alcoholic alternatives—suggests potential for future growth. The company's website is well-designed and informative, and its product selection is diverse and appealing.

Registered in England/Wales under the registration number 11950570, with a registered address at EX2 5JL, England, Exeter, Devon, 4 Providence Court, Pynes Hill.

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