D.r.wakefield & Company Limited

Dr Wakefield And Company Ltd from London UK: holding company, active status, founded 55 years ago, 25 employees, £26,844,564 assets, real address, 4 directors, 1 owner, google rating 5.0 based on 6 reviews. Regular importer of coffee, tea, mate, and spices (78 months imported). Regular exporter of coffee, tea, mate, and spices (64 months exported). It’s a well-established player in the wholesale coffee, tea, cocoa and spices industries, operating for over half a century. The company, with its real address and a solid Google rating of 5.0, seems to be a reputable business.

The company is a holding company, employing twenty five people and boasting assets of £26,844,564. It’s been around for 55 years, incorporated on January 28, 1970, and is managed by four directors, with Wakefield Simon Derrick as the owner. It’s a real address, and only seven companies are registered there. The company’s core business involves importing and exporting coffee, tea, mate, and spices, having done so for 78 and 64 months respectively. The last export operation took place in November 2024.

Financially, Dr Wakefield & Company Ltd shows some interesting trends. Current assets have decreased by 31%, dropping to £27 million. Bank borrowings have fallen by 4%, now at £12 million, while cash reserves have plummeted 88%, leaving just £1.2 million. Creditors have also decreased significantly, by 42%, to £18 million. While the decrease in liabilities is positive, the sharp drop in cash reserves is concerning. The company’s net assets have increased by 10%, reaching £8.7 million, but the decrease in cash suggests the company might be burning through money. It’s a bit of a mixed bag, really.

The company's auditor is Blick Rothenberg Audit LLP. The financial data indicates a company that’s been around a while, but perhaps facing some financial pressures. The increase in net assets is good, but the drop in cash is something to keep an eye on. The company's longevity and positive Google rating suggest it has a loyal customer base, but its future success will depend on its ability to manage its finances effectively.

Registered in England/Wales under the registration number 00971152, with a registered address at SE1 0UQ, London, Thompson House, 42-44 Dolben Street.

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