Qima Coffee Ltd

Qima Coffee Ltd, based in Woodford Green, UK, is a small holding company with an active status, founded eight years ago in 2016. The company employs seven people and holds £920,483 in assets, operating from a virtual address—a detail flagged by the presence of twelve companies registered at the same location. Led by a single director and two owners (though the list may not be exhaustive), Qima Coffee Ltd runs an e-commerce site and enjoys a stellar 5.0 Google rating based on 842 reviews. It’s a regular importer of paper and paperboard products (10 months) and a regular exporter of coffee, tea, mate, and spices (15 months).

The company's website, Qima Cafe, positions itself as the UK's first TreetoCup café, sourcing exceptional coffees directly from smallholder farmers. The site showcases a range of single-origin coffees, alongside a commitment to ethical sourcing and a partnership with the Qima Foundation to plant coffee trees. It also features a high-end pastry kitchen, collaborating with London's top pastry chefs to create unique dessert pairings. The website also has a section for "what makes us different" and a section to visit the cafe.

Financially, Qima Coffee Ltd shows some concerning trends. Cash bank on hand has plummeted by a staggering 96%, falling to just £24,000. Trade debtors have doubled to £380,000, which could indicate payment delays. Creditors have increased by 37%, reaching £840,000 within one year, and by 70% within one year. However, retained earnings have dramatically improved, jumping from a loss of £4,800 to a profit of £72,000. Despite these improvements, net assets have increased by 7.7% to £1.1 million. 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 it to remain nimble, but the sharp decline in cash reserves warrants attention. The accounts are unaudited and exempt, relying on director-reported data.

In short, Qima Coffee Ltd is navigating a period of financial transition. While its e-commerce platform and ethical sourcing initiatives appear to be resonating with customers, the company needs to address its cash flow challenges to ensure long-term sustainability.

Registered in England/Wales under the registration number 10528013, with a registered address at IG8 0DY, England, Woodford Green, 109 Snakes Lane West.

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