Cofinet Uk Ltd

Cofinet Uk Ltd from Bristol UK is a small, active company founded five years ago. With two employees and £732,680 in assets, it's a modest operation run by a solo founder, now supported by two directors and two owners. The company has a real address and regularly imports coffee, tea, mate, and spices – a trend spanning 16 months, with the most recent import in January 2025. It also exports these same products, though for a shorter period of three months, with the last export in February 2025.

The company’s website reveals a fascinating story: Cofinet is a family business rooted in Colombian coffee production. For 80 years, the family has grown and distributed coffee, and in 2015, they expanded into exporting specialty coffee to the rest of the world. They specialize in alternative fermentation processes and process exotic varieties at their farm and processing center, La Pradera, creating unique coffee profiles. The website showcases a network of international contacts, with representatives in the US, Australia, Singapore, and New Zealand, among others. They also have a blog featuring news and articles about coffee production and sustainability.

Financially, Cofinet Uk Ltd shows some concerning trends. Accrued liabilities deferred income decreased by 41%, while cash and cash equivalents increased by 2.7% to £140,000. However, current assets plummeted by 33% to £730,000, and net assets also decreased, though by a smaller margin of 39% to £130,000. Trade debtors increased significantly, by 49%, suggesting potential issues with customer payments. Bank borrowings are not mentioned, but the decrease in cash reserves could indicate the company is relying on credit. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited. It seems like Cofinet Uk Ltd is navigating some financial challenges, but its strong international network and focus on specialty coffee could help it weather the storm.

Registered in England/Wales under the registration number 12362811, with a registered address at BS1 1TG, England, Bristol, 34 St Nicholas Street, Office 10.

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