Data / Crowdfunding / Texas / Timeless Spirits & Drinks LLC
Timeless Spirits & Drinks LLC: crowdfunding raise on Seed at the table, $50,000 to $500,000 (2023)
Timeless Spirits & Drinks LLC, a limited liability company in Iowa Colony, TX, filed a Form C with the SEC on September 12, 2023 to raise $50,000 to $500,000 in SAFE through Seed at the table. The offering closed on November 11, 2023. In its most recent fiscal year it reported $106,750 in revenue and $37,057 in net income, with 1 employees.
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- Website
- www.timelessvodka.com
- Funding portal
- Seed at the table
- Address
- 3434 Cassini Dr, Iowa Colony, TX 77583
- Legal form
- Limited Liability Company
- Jurisdiction
- TX
- Incorporated
- March 20, 2019
- SEC CIK
- 0001980669
Offering terms
From the offering filed September 12, 2023.
- Security
- SAFE
- Price
- $2,000.00
- Target
- $50,000
- Maximum
- $500,000
- Deadline
- November 11, 2023
- Portal compensation
- 5.0%
Financials
From the Form C-AR filed June 21, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $106,750 | $253,833 | sec.gov |
| Cost of goods sold | $74,935 | $31,744 | sec.gov |
| Net income | $37,057 | $50,826 | sec.gov |
| Taxes paid | $0 | $23,121 | sec.gov |
| Total assets | $148,808 | $150,000 | sec.gov |
| Cash | $16,532 | $0 | sec.gov |
| Accounts receivable | $9,276 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $98,000 | $125,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 21, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| September 12, 2023 | Offering | $50,000 | $500,000 | November 11, 2023 | sec.gov | |
| August 17, 2023 | Progress update | $50,000 | $124,000 | August 15, 2023 | Offering Closed August 15, 2023 | sec.gov |
| June 20, 2023 | Offering | $50,000 | $124,000 | August 15, 2023 | sec.gov |
Updated June 21, 2024. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.