Julius Meinl Uk Limited

Julius Meinl Uk Limited, based in Wimborne, Dorset, is a small, active holding company founded eleven years ago. With three employees and £401,033 in assets, it operates from a virtual address, registered at a location shared by thirteen other companies. The company, overseen by one director and one owner, maintains a perfect 5.0 Google rating from six reviews, and regularly imports machinery, boilers, and mechanical appliances – its last import operation was made on February 01, 2023. The company operates in the wholesale of coffee, tea, cocoa and spices industries.

The company’s website doesn’t offer much insight into its operations beyond its connection to the broader Julius Meinl brand. While the parent company is renowned for its coffee machines and restoration services, Julius Meinl UK Limited appears to function primarily as a holding entity, facilitating the import and distribution of related products.

Financially, Julius Meinl UK Limited presents a mixed picture. Current assets have decreased by 26% to £400,000, while debtors have fallen by 16% to £400,000. However, the most striking change is the dramatic shift in equity, which has surged from a negative £4.3 million to a positive £370,000—a remarkable 110% increase. Cash bank on hand, however, has vanished completely. Creditors have also plummeted by 99%, suggesting a significant reduction in outstanding liabilities. 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 for flexibility, but the sudden equity turnaround warrants further investigation. With no auditor mentioned, the figures are unaudited.

The company’s rapid growth in equity could be attributed to a one-off event, such as a significant asset sale or a capital injection from its parent company, Julius Meinl 1862 Gmbh. It’s also possible that the reduction in creditors is a result of aggressive debt repayment, or perhaps a restructuring of payment terms. However, the complete disappearance of cash bank on hand is concerning and suggests that the company may be relying on credit lines or other financing arrangements to fund its operations.

Registered in England/Wales under the registration number 08748771, with a registered address at BH21 7SF, Wimborne, Dorset, 4 Cedar Park, Cobham Road Ferndown Industrial Estate.

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