Lift Coffee Kensington Limited

Lift Coffee Kensington Limited, based in Bournemouth, UK, is a small holding company with an active status. Founded seven years ago in November 2017, it employs just five people and holds £274,766 in assets. The company operates from a virtual address, registered at 3 Durrant Road, which is shared by 151 other businesses, and is led by one director and one owner. It boasts a stellar 5.0 Google rating based on 573 reviews. The company is an irregular importer, primarily dealing in miscellaneous food products, with the last import operation occurring in April 2024.

The company's website, liftcoffee.co.uk, showcases a range of coffee products and a Shoreditch location. It appears to be primarily an e-commerce operation, with a "Shop" section prominently displayed. The site also features news, contact information, and standard legal pages like Terms of Use and Privacy Policy. There's a career section too, suggesting potential growth.

Financially, Lift Coffee Kensington Limited presents a mixed picture. While cash reserves have increased significantly by 79% to £46,000, net assets have decreased by 7.1% to -£72,000. Creditors have risen sharply by 57% to £700,000, and trade debtors have exploded by 3300% to £220,000. The company’s size – meeting two of three criteria for a small company – allows for flexibility, but the substantial increase in debt raises concerns. Depreciation charges on property, plant, and equipment have also increased, which could be a sign of investment or aging assets. The company is exempt from an audit, so these figures are unaudited.

Overall, Lift Coffee Kensington Limited appears to be a small business navigating a challenging financial landscape. The company's high Google rating and active website suggest a strong customer base, but the rising debt and decreasing equity indicate a need for careful financial management. The company's holding status suggests it may be part of a larger group, which could offer support or add complexity to its financial situation.

Registered in England/Wales under the registration number 11058184, with a registered address at BH2 6NE, United Kingdom, Bournemouth, Dorset, 3 Durrant Road.

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