THE START-UP DRINKS LAB LIMITED
Company number SC568655 · Monitor this company
Executive summary
THE START-UP DRINKS LAB LIMITED is balance-sheet insolvent with net liabilities of £260,061, having deteriorated from a positive net asset position just two years prior. The company has a severe liquidity crisis with current liabilities of £251,304 against current assets of only £120,945, and is accumulating losses at an accelerating rate of approximately £120k-£160k per annum. On this basis, the company lacks both the balance sheet strength and cash generation capacity to service additional debt, and a DECLINE recommendation is issued. Any credit exposure would carry an extremely high probability of default.
Shareholders' funds
-£260,061
Balance sheet as at 2024-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2017-06-13
- Employees
- 7 (2024 accounts)
- Registered office
- 24238, SC568655 - COMPANIES HOUSE DEFAULT ADDRESS, Edinburgh, EH7 9HR
- Postcode
- EH7 9HR
- Capital
- 150 GBP
- Accounts category
- Micro
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-06-01
- Next due by
- 2027-06-15
Nature of business (SIC)
- 11010 Distilling, rectifying and blending of spirits
- 11030 Manufacture of cider and other fruit wines
- 11070 Manufacture of soft drinks; production of mineral waters and other bottled waters
- 46341 Wholesale of fruit and vegetable juices, mineral water and soft drinks
Officers 2 current · 4 resigned
Group structure 1 subsidiary
Controlled by SCOTTISH MIDLAND CO-OPERATIVE SOCIETY LIMITED — since 2017-12-22
From persons-with-significant-control filings on the public register.
Previous company names
| Name | Date changed |
|---|---|
| THE CRAFT SOFT DRINKS COMMUNITY LTD | 2017-07-11 |
Previous registered addresses 1
| Address | Changed on |
|---|---|
| 1/1 2 HANSON PARK, GLASGOW, G31 2HA, UNITED KINGDOM | 2018-06-23 |
At this address
Among the biggest employers
of 32 similar companies in EH, with 7 staff.
Competitors Edinburgh
This company ranks 65 among distilling, rectifying and blending of spirits in Edinburgh.
The class of 2017
38%
of the 365 companies in this sector incorporated in 2017 are still active today; 57% have since been dissolved.
A fact about the year, not a forecast for this company.