Etnacoffee Limited

Etnacoffee Limited, based in London UK, is a small, active company founded eleven years ago in 2014. With twelve employees and £120,777 in assets, it’s a modest operation led by two directors and a single owner. The company boasts a stellar 5.0 Google rating from 868 reviews and is a regular importer of cereal and milk-based food products, with 17 months of import activity recorded.

The company’s website paints a vibrant picture of Sicilian street food in the heart of London. Operating from 54 Baker Street, Etnacoffee offers a range of classic dishes, including arancini, cannoli, and pizza, catering to both dine-in and takeaway customers. The site tells the story of two brothers, Gaetano and Enrico, who brought their family’s culinary traditions from Catania, Sicily, to the UK, establishing a “home away from home” for Sicilians in London. It’s clear they’re passionate about their food and heritage.

Financially, Etnacoffee Limited shows a mixed bag. Creditors increased significantly, jumping 87% to £160,000, while bank borrowings also rose considerably, increasing 120% to £39,000. Cash reserves, however, remained relatively stable at £28,000. Net assets decreased by 49%, reaching -£300,000. The company’s small size—meeting two of three conditions for a small company—allows for flexibility, but the decline in equity is a point of concern. No auditor is mentioned, which is common for small companies.

Overall, Etnacoffee Limited appears to be a popular and well-regarded business, but its financial performance suggests it’s navigating some challenges. The company’s focus on authentic Sicilian food and its strong customer reviews are positives, but it will need to manage its debts and improve its equity to ensure long-term sustainability.

Registered in England/Wales under the registration number 08997568, with a registered address at W1U 7BU, England, London, 54 Baker Street.

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