Pannus Café Candem Limited

Pannus Café Candem Ltd from London UK: a small holding company with an active status, was founded seven years ago. The company employs five people and holds £70,134 in assets, operating from a virtual address. It’s led by two directors and owned by two individuals, boasting a stellar Google rating of 5.0 based on 472 reviews. Pannus Café Candem Ltd regularly imports cereal and milk-based food products, with seven months of import activity recorded.

The company operates within the unlicensed restaurants and cafes industries, and is a holding company for bakery and cafe franchises. Its website showcases a traditional, artisan bakery café concept, offering a wide range of products from breads and pastries to snacks and coffee. The franchise model emphasizes quality, fast food and takeaway options, and continuous training and support for franchisees. Recent news items highlight expansion into airports and a commitment to sustainable practices, like using ethically sourced coffee.

Financially, Pannus Café Candem Ltd shows some concerning trends. Current assets have decreased by 14% to £70,000, while net assets have fallen 6.1% to -£220,000. Bank borrowings have seen a significant decrease, dropping by 38% to £17,000, and cash reserves have also declined by 34% to £15,000. Creditors have decreased slightly, which could indicate improved debt management. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the drop in equity is a red flag. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s reliance on a virtual address, combined with the negative equity, suggests it might be burning through money. Whether the franchise model can generate enough revenue to offset these trends remains to be seen.

Registered in England/Wales under the registration number 11369853, with a registered address at SE1 2JE, England, London, 19 The Circle, Queen Elizabeth Street.

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