Fa Coffee Ltd

Fa Coffee Ltd is a small, family-run business based in Ilford, UK, with an active trading status. Founded fourteen years ago in 2011, the company employs just one person and holds £134,722 in assets. It operates from a real address and is overseen by two directors and two owners. The business regularly imports coffee, tea, mate, and spices – with five months of import activity recorded – and exports the same products, having done so for twenty-two months.

The company's operations center around the import and export of specialty coffee and related products. While no website is listed, the business likely operates through online channels or wholesale partnerships, focusing on supplying these goods to retailers or businesses. The company operates in the other food services industries.

Financially, Fa Coffee Ltd has experienced a challenging year. Current assets have fallen dramatically, dropping 75% to £130,000, while net assets have plunged 160% to -£7,000. Bank cash has increased significantly, however, jumping 1400% to £24,000. Creditors have also decreased, with both one-year and within-year figures showing reductions of 38% and 74% respectively. Trade debtors have suffered a substantial 80% decline. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant drop in equity raises concerns. The accounts are unaudited, likely due to the company’s small size and exemption from an audit.

The substantial decrease in net assets suggests the company may be burning through cash reserves to cover operational expenses. The increase in cash on hand, however, indicates some improvement in cash flow. It’s possible the company has been actively managing its debts and negotiating better payment terms with suppliers, which could be a positive sign. The lack of a website and reliance on import/export activity suggests a more traditional business model, perhaps focusing on B2B relationships rather than direct consumer sales.

Registered in England/Wales under the registration number 07607622, with a registered address at IG1 2JY, England, Ilford, Essex, Apex Chambers, 58a Ilford Lane.

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