Simkins Brothers Sweets LLC

CIK: 1841823ARIncorporated: 2017-03-13

Current Offering

$50,101
Target Amount
$1,069,962
Maximum Amount
2023-04-30
Deadline

Security Details

Type: Preferred Stock
Price per share: $117.33
Shares offered: 427+

Offering Costs

Cash commission: 7%
6.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Equity compensation: 0%
No

Financial Reports

Offering via Wefunder

Offering History

As of 2022-07-11
Raising $50,101 -$1,069,962 via 427+ shares of preferred Stock at $117.33 per share
Deadline: 2023-04-30
Filing date2022-07-11
Current employees2
Act received most recent fiscal year$50,386
Act received prior fiscal year$1,205
Cash equi most recent fiscal year$209,489
Cash equi prior fiscal year$2,130
Cost goods sold most recent fiscal year$186,426
Cost goods sold prior fiscal year$146,720
Long term debt most recent fiscal year$97,716
Long term debt prior fiscal year$108,000
Net income most recent fiscal year-$660,490.00
Net income prior fiscal year-$102,189.00
Revenue most recent fiscal year$306,160
Revenue prior fiscal year$228,341
Short term debt most recent fiscal year$58,765
Short term debt prior fiscal year$21,087
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$422,757
Total asset prior fiscal year$55,854

Company Information

Limited Liability Company
AR
2017-03-13

Latest Metrics

Employees2
Total Assets$422,757
Cash on Hand$209,489
Revenues$306,160
Net Income-$660,490.00

Crowdfunding Portals

This company is raising funds through this portal