Andronicas Coffee Co. Limited

Andronicas Coffee Co. Limited, based in Croydon, UK, is a small, holding company with an active status, having been established 46 years ago in 1979. The company employs twelve people and holds assets valued at £178,265. It operates from a virtual address, registered with 222 other companies, and is managed by one director and one owner. Its Google rating is a perfect 5.0 based on three reviews. The company is an irregular importer, with its top import category being glass and glassware, totaling two months of imports, the last operation conducted on November 01, 2022.

The company’s website is not available, so it's difficult to determine the full scope of its operations. However, it’s known that Andronicas Coffee Co. Limited operates in the retail sector, specifically focusing on the sale of new goods in specialised stores, excluding commercial art galleries and opticians. It is likely that the company operates an e-commerce site, but without access to the site, it’s impossible to confirm.

Financially, Andronicas Coffee Co. Limited presents a mixed picture. While the company’s net assets decreased by 10% to -£1,700,000, it’s important to note that this is a negative number, indicating that liabilities exceed assets. Cash reserves have also fallen by 56% to £18,000, and bank borrowings have remained stable. Creditors have increased by 6.4% to £1,900,000, and trade debtors have risen slightly by 14% to £28,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity drop raises questions. The company’s unaudited financial statements, prepared by CWF & Partners Ltd, are exempt from audit due to its status as a small company.

The company’s reliance on a virtual address, coupled with the fluctuating financials, suggests a business that may be facing challenges. The fact that the company has been operating for 46 years, however, indicates a level of resilience and adaptability. It's possible that the company is navigating a period of transition or restructuring, but its long-standing presence in the market suggests a potential for future growth.

Registered in England/Wales under the registration number 01420944, with a registered address at CR0 1QG, England, Croydon, Surrey, Freedman House Christopher Wren Yard, 117 High Street.

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