THE DRINK CABINET LTD. Financials
- Company number
- SC485211Copy
Copy - Registered office
- 29 Winchester Avenue, Denny FK6 6QE
- Incorporated
- 28/08/2014
Company snapshot
- Status
- Active
- Employees
- 13 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-172.71%vs 20232023: £61.42K
Total Assets
-46.09%vs 20232023: £486.72K
Cash in Bank
First reported yearTotal Liabilities
0.54%vs 20232023: £305.40K
Employees
0vs 20232023: 13
In 2024, THE DRINK CABINET LTD. reported net assets of £-44.66K. The same filing shows total assets of £262.40K, cash in bank of £67.85K and total liabilities of £307.06K. Reported headcount was 13 in 2024. Total Assets fell from £486.72K in 2023 to £262.40K in 2024 (-46.09%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-172.71%from £61.42K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures THE DRINK CABINET LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-220%vs 2022Total Assets
-38.6%vs 2022-21.6% a year compound (CAGR)
Total Liabilities
-21.3%vs 2022-11.3% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Net Assets-220%
£37.24K in 2022 to £-44.66K in 2024
Every measure that changed in THE DRINK CABINET LTD.'s filings between 2022 and 2024 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THE DRINK CABINET LTD.'s own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -17.02%2024
- Liabilities to total assets
- 117.02%2024
- Cash to liabilities
- 22.22%2023
- Cash to total assets
- 13.94%2023
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for THE DRINK CABINET LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 77.47K | 37.24K | 61.42K | -44.66K |
| Total Assets£ | 346.30K | 427.27K | 486.72K | 262.40K |
| Cash in Bank£ | – | – | 67.85K | – |
| Total Liabilities£ | 268.84K | 390.02K | 305.40K | 307.06K |
| Employees | 9 | 13 | 13 | 13 |
THE DRINK CABINET LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Has THE DRINK CABINET LTD. filed financial statements?
Yes. Okredo holds filed figures for THE DRINK CABINET LTD. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did THE DRINK CABINET LTD. report in 2024?
THE DRINK CABINET LTD. reported net assets of £-44.66K for 2024. That compares with £61.42K in 2023, a change of -172.71%.
What total assets did THE DRINK CABINET LTD. report in 2024?
THE DRINK CABINET LTD. reported total assets of £262.40K for 2024. That compares with £486.72K in 2023, a change of -46.09%.
What cash in bank did THE DRINK CABINET LTD. report in 2023?
THE DRINK CABINET LTD. reported cash in bank of £67.85K for 2023. There is no earlier filing to compare it against.
How many people does THE DRINK CABINET LTD. employ?
THE DRINK CABINET LTD. reported 13 employees in 2024, compared with 13 in 2023.
How have THE DRINK CABINET LTD. financials changed over the last 3 years?
Between 2022 and 2024, THE DRINK CABINET LTD.'s net assets fell by 220%, total assets fell by 38.6%, total liabilities fell by 21.3% and employee numbers was unchanged. Total assets contracted at 21.6% a year across the two years to 2024, from £427.27K to £262.40K. Reported headcount went from 13 in 2022 to 13 in 2024.
Which years of THE DRINK CABINET LTD. financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.