Catimor Ltd

Catimor Ltd is a small, active company based in London, UK, founded nine years ago in 2015. With 140 employees and £2,831,323 in assets, it operates from a real address shared by only one other company, suggesting a genuine business location. The company is led by two directors and two owners, with the director list having been updated recently, which is a good sign. Catimor Ltd runs an e-commerce site and operates in the wholesale of coffee, tea, cocoa, and spices. It's also an irregular importer, bringing in electrical machinery and equipment, with its last import activity recorded a year ago in September 2023.

The company’s website, Redemption Roasters, showcases a unique social mission alongside its coffee business. It trains prison leavers to gain employment, offering a compelling narrative alongside its range of speciality coffees, teas, and brewing equipment. The site boasts eleven coffee shops across London, a showroom in Harrods, and even offers piano restoration services through a separate division – a surprising diversification.

Financially, Catimor Ltd presents a mixed picture. While cash reserves have impressively grown by 220% to £2 million, net assets have decreased by 44% to -£570,000. Liabilities have increased, with accrued liabilities up 32% to £680,000, and bank borrowings rising by 16% to £59,000. Trade creditors have also increased by 9.9% to £640,000. On a positive note, debtors have decreased by 10% to £180,000. The company meets the criteria for a small business, with turnover under £10.2 million and assets under £5.1 million, and it's exempt from an audit. The decrease in the number of employees from 140 to 120 is also noticeable. The company’s reliance on unaudited statements means the full picture is somewhat obscured, but the growth in cash reserves suggests a degree of financial stability, despite the overall decrease in net assets.

Registered in England/Wales under the registration number 09645673, with a registered address at N7 9GY, England, London, Redemption Roasters, 9c York Way.

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