Shades Of Coffee Ltd

Shades Of Coffee Ltd from Swindon UK: a small, active company founded four years ago, employs two people, and holds £551,215 in assets. It’s a family business with a real address, managed by two directors and two owners, and operates an e-commerce site with a stellar 5.0 Google rating from 19 reviews. The company regularly imports optical and medical tools and devices, with the last import operation occurring five months ago in June 2023.

The website, Shades of Coffee, specializes in modifications and accessories for the Gaggia Classic espresso machine. It offers a wide range of products, from PID and OPV kits to bottomless portafilters and barista tools. The site caters to enthusiasts and professionals alike, with a focus on quality and British craftsmanship. The website also has a section dedicated to the company's history and mission, highlighting its commitment to providing exceptional products and customer service.

Financially, Shades Of Coffee Ltd presents a mixed picture. Cash bank on hand increased by a healthy 15% to £500,000, while creditors decreased by 5% to £68,000, suggesting better debt management. However, net assets increased by 15% to £530,000, but trade debtors increased by a substantial 38% to £5,400, which could indicate difficulties in collecting payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the increase in debtors is something to keep an eye on. The company’s unaudited financial statements, as it’s exempt from an audit as a small company, rely on director-reported data. The company’s growth in assets, combined with the increase in debtors, suggests it’s expanding its business, but it’s important to monitor its cash flow to ensure it can meet its obligations.

Registered in England/Wales under the registration number 12620585, with a registered address at SN25 4YH, England, Swindon, 10 Kelly Gardens.

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