Espresso 7 Ltd
- Small
- Active
- 5 years
- 2 employees
- £58,085 (assets)
- Virtual address
- 1 director
- 1 owner
- Irregular importer
- Solo founder
- E-commerce
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
Summary
Espresso 7 Ltd is a small, active company based in London, UK, founded five years ago in 2019. It employs two people and holds £58,085 in assets, operating from a virtual address shared by twelve other companies. The business is run by a solo founder who also serves as the director and owner. Espresso 7 Ltd runs an e-commerce site and irregularly imports electrical machinery and equipment, with the last import occurring in November 2023. It operates within the “other service activities n.e.c.” industry.
The company’s website, The Little Whisky Shop, is a specialist retailer of whisky and other craft spirits, including gin, rum, vodka, brandy, tequila, wine, and beer. It also features a bar, Isla's Bar, with an extensive selection of whiskies. The site emphasizes competitive pricing, British craftsmanship, and supporting smaller distilleries. It even offers tasting sessions and showcases a range of distilleries.
Financially, Espresso 7 Ltd shows a mixed picture. Cash bank on hand increased significantly by 98% to £9,600, while trade debtors increased by a massive 200% to £7,500. Creditors remained relatively stable, though non-financial instruments decreased by 11%. Net assets grew substantially by 200% to £38,000, and net current assets increased by 190% to £39,000. 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. As a small company, it is exempt from an audit.
The increase in debtors suggests potential challenges with customer payments, while the growth in cash reserves is a positive sign. The company's focus on niche products and online sales, along with the popularity of Isla's Bar, could be key to its future success, but the rise in debt needs to be monitored.
Registered in England/Wales under the registration number 12194652, with a registered address at E17 4QX, England, London, 1-3 Jewel Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 5 years
- 4
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
- 4
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Total exemption full accounts made up to 2024-09-30Download 8 pages pdf report
-
Compulsory strike-off action has been discontinuedDownload 1 page pdf report
-
First Gazette notice for compulsory strike-offDownload 1 page pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Espresso 7 Ltd
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