Deko Espresso Limited
- Small
- Active
- 7 years
- 1 employee
- £16,600 (assets)
- Virtual address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Phones
Summary
Deko Espresso Limited is a small, active company based in London, UK, established seven years ago in 2017. The company, a solo founder operation with one director and one owner, holds £16,600 in assets and operates from a virtual address shared by ninety other companies. It employs just one person and is registered at 17 Green Lanes, Newington Green.
Deko Espresso specializes in the wholesale of coffee, tea, cocoa, and spices, alongside retail sales via mail order and internet, and other service activities. The website showcases a focus on espresso machine repairs, servicing, and the sale of refurbished and used machines, alongside coffee accessories. It's a clear indication of an e-commerce business, offering a range of services and products related to espresso machines, with a strong emphasis on quality, service, and support. The site also features a blog with helpful content, further reinforcing its expertise.
Financially, Deko Espresso Limited presents a mixed picture. While bank overdrafts have decreased significantly by 55%, cash reserves have increased by 46% to £5,600. Creditors have remained relatively stable, but a substantial decrease in retained earnings (-100%) and accumulated losses is concerning. Trade debtors have remained constant, while other creditors have seen a dramatic decrease. The company’s small size, meeting two of three criteria for a small business, allows for agility, but the negative equity raises questions about its long-term sustainability. The accounts are described as "filleted" and unaudited, relying on director-reported data.
Overall, Deko Espresso Limited appears to be navigating a challenging financial landscape. While its e-commerce operation and focus on espresso machine services suggest a viable business model, the negative equity and reliance on a single employee indicate a company that may be burning through money. It’s a small operation with potential, but its long-term success hinges on improved financial performance.
Registered in England/Wales under the registration number 11018931, with a registered address at N16 9BS, United Kingdom, London, 17 Green Lanes.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Tugrul Engin
- 7 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Tugrul Engin
- 7 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
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Total exemption full accounts made up to 2024-10-31Download 6 pages pdf report
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Confirmation statement made on 2024-10-17 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-10-31Download 5 pages pdf report
FAQ about Deko Espresso Limited
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