Manumit Limited

Manumit Ltd from Cardiff UK: small company, active status, founded 8 years ago, 8 employees, £48,981 assets, real address, 3 directors, 2 owners, e-commerce site. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £48,981.

Manumit Limited is an ethical coffee company that roasts coffee beans by survivors of slavery. Operating from Cardiff, UK, its core business revolves around an e-commerce site selling coffee and related products. The company’s website highlights its mission to provide dignity and hope to survivors through training, employment, and investment in antislavery initiatives. The coffee is roasted by men and women who have suffered exploitation, with the company emphasizing fair wages, support, and a focus on “freedom, not profit.” The site also features inspiring stories of survivors, showcasing their journeys and the impact of Manumit’s work. The company also offers wholesale coffee options and brewing kits, and even caters to businesses with “business beans.”

Financially, Manumit Ltd presents a mixed picture. While cash bank on hand increased by a healthy 61% to £11,000, net assets have decreased by a significant 210% to -£34,000. Debtor’s have increased dramatically by 1100% to £19,000, which could be a sign of growing sales but also a potential challenge in collecting payments. Creditors have also increased by 33% to £19,000. The company’s small size (meeting two of three conditions for small business status) allows for flexibility, but the negative equity suggests it’s burning through cash. There’s no auditor mentioned, so the figures are unaudited. It’s a tough business model, but the company’s social mission and online presence suggest a loyal customer base.

Registered in England/Wales under the registration number 10574939, with a registered address at CF23 5HB, United Kingdom, Cardiff, 33 Ty Draw Road.

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