REMINISCE DRINKS LTD

Executive Summary

Reminisce Drinks Ltd operates as a micro niche retailer in the specialised beverage sector but faces significant financial distress with persistent negative net assets and liquidity shortfalls. Industry trends such as rising costs and shifting consumer behavior intensify challenges for this small-scale operator lacking the scale and capital to compete effectively. Without strategic restructuring or capital infusion, the company risks falling behind more financially robust competitors in this competitive retail landscape.

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Financials
Year ending
2024-06-30
Total net assets
£-83.11k
£28.40k vs previous year
Total liabilities
£-125.69k
£-6.85k vs previous year
Total assets
£72.55k
£33.74k vs previous year

Annual accounts

Financial Year Ending
30 June 2024

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21 November 2023

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30 June 2023

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15 December 2022

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30 June 2022

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