Andina Coffee Co. Ltd

Andina Coffee Co. Ltd is a small, active company based in Glasgow, UK, established six years ago. With four employees and £34,976 in assets, it operates from a virtual address – a detail flagged by the registration of ninety-five other companies at the same location. The company is led by one director and has two owners, though the list of owners may not be exhaustive. It's a regular importer of coffee, tea, mate, and spices, with three months of import activity recorded, the latest in April 2024.

The company’s core business involves the manufacture of soft drinks; production of mineral waters and other bottled waters. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. Its website is currently unavailable, so it’s difficult to determine if it operates an e-commerce platform or primarily serves wholesale clients.

Financially, Andina Coffee Co. Ltd presents a mixed picture. Cash bank on hand has fallen by 68%, dropping to £1,700, while creditors have increased significantly by 97%, reaching £95,000. Trade debtors have also risen substantially, by 280%, to £23,000. Equity, however, has taken a significant hit, decreasing by 250% to -£53,000. The company’s net assets and liabilities are also down, with a decrease of 250%. Despite these challenges, current assets have increased by 59% to £35,000. The lack of an auditor mentioned suggests the company is exempt from an audit as a small entity.

The increase in creditors and the decrease in equity suggest the company may be facing cash flow pressures, possibly relying on credit to maintain operations. The rise in debtors could indicate difficulties in collecting payments from customers. However, the increase in current assets may indicate a recent influx of cash. The company’s small size and virtual address could be strategic choices to minimize overhead, but also raise questions about its long-term sustainability.

Registered in Scotland under the registration number SC598637, with a registered address at G3 7TZ, Scotland, Glasgow, 1037 Sauchiehall Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.