Ethical Addictions Ltd

Ethical Addictions Ltd, based in Cheltenham, UK, is a small, family-run business with an active status, having been established eighteen years ago in 2006. Employing five people, the company holds assets valued at £358,859 and operates from a real address within the Bamfurlong Industrial Park. With three directors and two owners, the business also runs an e-commerce site and enjoys a stellar 5.0 Google rating from 32 reviews. It's an irregular importer, with its top category being basic metal tools and utensils, although the last import occurred over five years ago.

The company’s core business involves wholesale of coffee, tea, cocoa and spices, operating within a competitive market. Its website details a focus on sourcing and distributing high-quality ingredients to various businesses. The business also has a second website, Coffee Roasters, which details a focus on roasting coffee beans and selling them online.

Financially, Ethical Addictions Ltd presents a picture of stability and growth. Current assets increased by 26% to £360,000, while net assets rose by 27% to £470,000. Cash reserves also saw a healthy increase of 42%, reaching £170,000. Creditors decreased by 19%, suggesting improved debt management. 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 it to remain flexible. While the company has not reported any auditors, the accounts are unaudited.

Overall, Ethical Addictions Ltd appears to be in good financial health, demonstrating consistent growth and effective management. The increase in cash reserves and decrease in creditors are particularly encouraging signs.

Registered in England/Wales under the registration number 05948722, with a registered address at GL51 6SX, England, Cheltenham, 21a Bamfurlong Industrial Park, Staverton.

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