Azzurro Coffee & Tea Specialists Limited

Azzurro Coffee & Tea Specialists Ltd from Clydebank, UK, is a small, active company founded thirteen years ago. Despite a 4.0 Google rating from just four reviews, the company is currently facing challenges, with accounts overdue for ten months. Employing just four people and holding £138,153 in assets, Azzurro operates from a virtual address shared by 104 other companies, and is managed by one director and one owner. The company regularly imports machinery, boilers, and mechanical appliances, with recent activity recorded three months ago.

The company’s core business involves the wholesale of coffee, tea, cocoa, and spices. While no website was found, this suggests a business-to-business model rather than direct consumer sales. It's likely they supply cafes, restaurants, or other businesses.

Financially, Azzurro Coffee & Tea Specialists Ltd presents a mixed picture. Cash bank on hand has decreased significantly by 57%, dropping to £7,300. Creditors have risen substantially, with amounts falling due within one year increasing by 31% to £200,000, and amounts falling due after more than one year rising by 85% to £80,000. This suggests increased borrowing, which could be to support inventory or expansion. Debtors have also risen sharply, by 130%, to £94,000, indicating potential issues with customer payments. Despite these challenges, current assets have increased by 28% to £140,000. The company’s net assets and liabilities remain negative, at -£68,000, reflecting accumulated losses. It’s worth noting that the company is small, meeting two of three criteria for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The lack of an auditor is common for small, exempt companies, so the figures are unaudited.

Registered in Scotland under the registration number SC406743, with a registered address at G81 1BL, Scotland, Clydebank, 71 Kilbowie Road.

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