Liz Bakes Cakes LLC

CIK: 2034328TXIncorporated: 2017-05-04

Current Offering

$50,000
Target Amount
$124,000
Maximum Amount
2025-04-30
Deadline

Security Details

Type: Convertible Note The company will convert to a Corporation before the end of the offering period.
Price per share: $1.00
Shares offered: 50,000+

Offering Costs

Cash commission: 8%
7.9% 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 2024-08-27
Raising $50,000 -$124,000 via 50,000+ shares of convertible Note The company will convert to a Corporation before the end of the offering period. at $1.00 per share
Deadline: 2025-04-30
Filing date2024-08-27
Current employees7
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$98,362
Cash equi prior fiscal year$18,212
Cost goods sold most recent fiscal year$1,147,759
Cost goods sold prior fiscal year$1,615,443
Long term debt most recent fiscal year$1,166,733
Long term debt prior fiscal year$815,754
Net income most recent fiscal year-$294,224.20
Net income prior fiscal year-$652,729.92
Revenue most recent fiscal year$2,792,661
Revenue prior fiscal year$3,099,567
Short term debt most recent fiscal year$563,520
Short term debt prior fiscal year$500,469
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$372,717
Total asset prior fiscal year$253,319

Company Information

Limited Liability Company
TX
2017-05-04

Latest Metrics

Employees7
Total Assets$372,717
Cash on Hand$98,362
Revenues$2,792,661
Net Income-$294,224.20

Crowdfunding Portals

This company is raising funds through this portal