Twinnme Ltd

Twinnme Ltd is a small, active company based in London, UK, founded just one year ago. It employs two people and holds £46,396 in assets, operating from a virtual address shared by over 8,000 other companies. The company is led by one director and owner, Blondell Daniel Dennis.

Twinnme Ltd’s core business revolves around secure communications, as evidenced by its website. It offers a messaging app focused on privacy and anonymity, featuring end-to-end encryption, secure voice and video calls, and unique features like anonymous relations and private spaces. The app aims to provide a “secret” and “private” communication experience, with functionalities like call transfer to a browser and group calls with high-definition audio and video. It even has a music sharing feature, allowing users to stream music during calls. The website highlights features like no trace of interactions, biometric authentication, and control over contacts and exchanges.

Financially, Twinnme Ltd presents a picture of a very small business, meeting the criteria for a small company due to its turnover, balance sheet total, and number of employees. Current assets remain steady at £46,000, but net assets are negative at -£98,000. Bank borrowings are a modest £270, and cash reserves are a slim £760. Creditors are significant at £140,000, and trade debtors are £31,000. The company’s equity is in the negative, indicating it’s likely burning through cash to fund operations. With no auditor mentioned, the unaudited figures rely on director-reported data.

In short, Twinnme Ltd is a startup with an innovative product but facing financial challenges. The app’s focus on privacy and security is a strong selling point, but the company needs to find a way to generate revenue and manage its expenses to achieve long-term sustainability.

Registered in England/Wales under the registration number 15007067, with a registered address at EC1V 2NX, England, London, 124 City Road.

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