Niche Coffee Limited

Niche Coffee Limited is a large company based in Fareham, UK, holding company, active status, founded 11 years ago. With six employees and £6,488,695 in assets, the company generated £9,627,538 in revenue last year. It’s a regular importer and exporter of electrical machinery and equipment, having imported for 15 months and exported for 14 months. The company's registered address is real, with only six companies registered at the same address. Nicholson Martin John is the director, and Nicholson Design Ltd owns the company.

Niche Coffee Limited operates as a manufacturer and retailer of coffee grinders, with a focus on high-quality, simple-to-use designs. Its website showcases two main products: the Niche Zero and the Niche Duo, both designed for home coffee enthusiasts. The site heavily promotes the grinders’ ease of use, featuring customer testimonials and step-by-step guides on brewing techniques. The company also provides resources on coffee preparation and equipment maintenance. It's clear that Niche Coffee Limited is focused on direct-to-consumer sales through its website.

Financially, Niche Coffee Limited shows a mixed picture. While turnover decreased by 32% to £9.6 million, indicating a slowdown in sales, net assets dropped significantly by 45% to £6.2 million. Cash reserves also fell by 79% to just £1 million. Bank borrowings increased by a staggering 2,400%, reaching £170,000, suggesting the company is relying more on debt to fund operations. Creditors decreased by 18%, which is a positive sign of better debt management. The company’s small size (meeting two of three criteria for a large company) helps it stay agile, but the sharp equity drop and increased borrowing raise concerns. The company's auditor, HWB Chartered Accountants, has provided an audit opinion.

Overall, Niche Coffee Limited appears to be navigating a period of financial pressure. While the company’s products are well-regarded and its online presence is strong, the financial data suggests a need to address the recent decline in profitability and manage its debt levels. The company's focus on quality and direct sales could help it weather this storm, but careful financial management will be crucial for its long-term success.

Registered in England/Wales under the registration number 08566128, with a registered address at PO16 9XS, England, Fareham, Murrills House East Street, Portchester.

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