Cimbali Group Uk Limited

Cimbali Group Uk Ltd from Elstree UK: a large company with an active status, was founded 52 years ago in 1973, and currently employs 78 people. The company holds £6,898,404 in assets and generates £13,552,037 in yearly revenue, operating from a real address in Hertfordshire. It’s managed by three directors, though no owners are officially listed, and maintains a 3.0 Google rating based on 10 reviews. The company regularly imports machinery, boilers, and mechanical appliances parts (134 months), and exports similar items (5 months).

Cimbali Group Uk Limited specializes in professional espresso coffee machines, as evidenced by its website. The site showcases traditional, fully automatic, and grinder-doser machines, alongside accessories, and highlights the company's commitment to Italian design and functionality. It also features a separate division, MUMAC, dedicated to professional espresso coffee machine exhibitions and training. The website clearly targets businesses and professionals in the coffee industry, offering a range of products and services.

Financially, the company's performance presents a mixed picture. While turnover remained steady at £14 million, cash bank on hand dropped significantly by 53% to £1.2 million. Current assets also decreased by 19% to £690,000, while bank borrowings increased by 32% to £4.4 million. Creditors rose by 40% to £780,000, suggesting increased reliance on trade credit. Despite these challenges, the company’s net assets remained steady at £500,000. The company’s relatively large size (meeting two of three criteria for a large company) and the lack of an auditor mentioned (likely exempt as a small company) suggest a focus on operational efficiency rather than aggressive growth. The company’s significant investment in marketing and training, as demonstrated by the website, may be aimed at strengthening its brand and securing long-term customer relationships.

Registered in England/Wales under the registration number 01093795, with a registered address at WD6 3ST, Elstree, Hertfordshire, Unit 280 Centennial Park, Centennial Avenue.

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