Green Coffee Merchants Global Ltd

Green Coffee Merchants Global Ltd, based in Antrim, UK, is a small, active company founded four years ago. With five employees and £11,210,598 in assets, it operates from a real address and is managed by four directors, although no owners are officially listed. The company regularly imports coffee, tea, mate, and spices—a consistent five-month activity with the most recent operation in July 2023. It’s registered as NI670033 and operates within the activities of other holding companies.

The company’s website is currently being updated, directing potential customers to email mandygreencoffeemerchantsglobal.com or call 44 0 20 3837 7406. Copyright information and the registration number are also displayed.

Financially, Green Coffee Merchants Global Ltd presents a mixed picture. While cash bank on hand increased significantly by 240% to £1.9 million, current assets dropped 150% to £11 million. Creditors have surged by 180% to £12 million, and trade debtors have jumped 110% to £6.1 million. Retained earnings have plummeted 280% to -£510,000, a worrying trend. Despite this, depreciation impairment on plant machinery increased by 71%, suggesting investment in equipment. The company’s small size—meeting two of three conditions for being classified as small—allows for flexibility, but the decline in equity warrants closer examination. The lack of an auditor mentioned suggests the company is exempt from an audit.

The company's financial data reveals a concerning trend of rising liabilities and decreasing equity. While cash reserves have improved, the increase in creditors and the substantial loss in retained earnings indicate that Green Coffee Merchants Global Ltd may be burning through cash faster than it's generating revenue. The substantial increase in trade debtors also suggests potential issues with collecting payments from customers. It's possible that the company is experiencing growing pains as it expands its operations, but the financial data suggests that it needs to carefully manage its expenses and improve its cash flow.

Registered in Northern Ireland under the registration number NI670033, with a registered address at BT41 4NN, United Kingdom, Antrim, 16 Kilbegs Road.

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