Wine:unpacked Ltd

Wine Unpacked Ltd from London UK: a small, active company founded four years ago, employs one person, and holds £26,284 in assets. It operates from a virtual address and is led by a single director and owner, who is also the solo founder. The company’s status is active, and it was incorporated on January 11, 2021.

Wine Unpacked is a unique service helping customers discover their taste in wine. The company helps figure out your taste in wine, then matches incredible bottles to your unique preferences. It encourages users to build a free taste profile and highlights positive reviews from satisfied customers. The website also features a mailing list for news, special offers, and wine tips. It’s a modern, online-focused business with a clear emphasis on personalized recommendations and a curated wine experience.

Financially, Wine Unpacked Ltd is showing some concerning trends. Current assets have decreased by 36% to £26,000, and net assets have dropped significantly by 45% to -£280,000. While bank borrowings have increased slightly to £1, it’s the large equity loss that stands out. Creditors have also risen considerably, increasing by 100% to £9,500. The company’s small size (meeting two of three criteria for being small) helps it stay nimble, but the declining equity and increasing debt suggest it’s burning through cash. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Wine Unpacked Ltd appears to be a startup facing financial headwinds. While the service is well-positioned in the growing online wine market, it needs to manage its cash flow and potentially explore new revenue streams to ensure its long-term viability.

Registered in England/Wales under the registration number 13124089, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.