Coffee Classics Limited

Coffee Classics Limited, based in Daventry, UK, is a small, active company established 18 years ago. With 22 employees and £461,123 in assets, it operates as an e-commerce site and boasts a respectable Google rating of 4.0 from 98 reviews. The company is led by two directors and has one owner, Phethean Mark. It’s a real address, with only one other company registered at the same location.

Coffee Classics Limited specializes in the retail sale via mail order houses or via internet, and also rents and leases machinery and equipment. Its website highlights a focus on coffee machine servicing and repairs, offering both on-site visits and workshop services. They are authorized repair agents for Sage, Melitta, Baratza, and Lelit coffee machines, and also sell spare parts and accessories. The site also features a blog with tips and tricks for coffee machine maintenance.

Financially, Coffee Classics Limited has seen some mixed trends. Cash bank on hand decreased by 6.2% to £250,000, while current assets also fell by 9.3% to £460,000. Bank borrowings have decreased, with an overdraft dropping by 46% to £12,000. However, creditors have increased by 14%, reaching £120,000, and trade debtors have fallen by 12% to £190,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Accumulated amortisation impairment intangible assets remained steady at £2,000, and the company has seen a 49% increase in accumulated depreciation impairment property plant equipment, reaching £110,000. The accounts are unaudited, and no auditor is mentioned.

Overall, Coffee Classics Limited appears to be navigating a period of change. While the company maintains a strong online presence and positive customer reviews, the financial data suggests a need to carefully manage expenses and improve cash flow. It's a small business with a niche focus, but it will need to adapt to ensure long-term sustainability.

Registered in England/Wales under the registration number 06207720, with a registered address at NN11 7HB, Daventry, Northamptonshire, Unit 1 The Stables Braunston Business Park, London Road Braunston.

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