Coffee Circus Ltd

Coffee Circus Ltd, based in London UK, is a small, active company founded six years ago in 2019. With four employees and £55,030 in assets, it operates from a real address in Crouch Hill. The company is led by one director and owner, Serce Irfan, and maintains a stellar 5.0 Google rating based on 379 reviews. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just two months of import activity recorded as of May 2019. The company operates in the unlicensed restaurants and cafes industries.

The business’s name hints at a quirky, perhaps café-focused operation, but the website is unavailable, making it difficult to ascertain the exact nature of its activities. It’s unclear whether Coffee Circus Ltd operates a physical café or primarily focuses on importing and distributing goods. The lack of an online presence could indicate a business-to-business model, supplying goods to other retailers or businesses.

Financially, Coffee Circus Ltd presents a mixed picture. Current assets have fallen significantly, dropping 38% to £55,000, while net assets have plummeted 32% to £32,000. Bank borrowings decreased by 17%, and cash reserves have fallen 41% to £50,000. Creditors have also decreased by 17%, which is a positive sign. The company meets two of three criteria to be classified as small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Despite the decline in assets, the company’s equity remains positive. The accounts are unaudited and described as “filleted,” which is common for small companies exempt from a full audit.

The significant decrease in cash reserves and net assets, however, raises concerns about the company’s financial health. While the decrease in creditors is encouraging, the company needs to carefully manage its cash flow to avoid potential difficulties. The lack of information about the business’s operations, coupled with the financial challenges, makes it difficult to assess its long-term viability.

Registered in England/Wales under the registration number 11885675, with a registered address at N8 9DX, England, London, 136 Coffee Circus Crouch Hill.

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