Symva Coffee Limited

Symva Coffee Ltd from Hove, UK, is a small, active company founded three years ago. With just five employees and £1,840 in assets, it operates from a virtual address and is led by a solo founder who also serves as director and owner. The company’s e-commerce site, Symva Coffee Cart, enjoys a stellar 5.0 Google rating from 177 reviews, showcasing its popularity.

The website highlights a range of coffee products, including whole beans, ground coffee, pods, and brewing tools, with a focus on ethically sourced and high-quality beans from various regions like Amazonas, Calderas, and Rancho Grande. Symva Coffee emphasizes its commitment to tackling global issues, donating a portion of revenue to organizations focused on climate change. It also features a physical location in Hove, and offers wholesale options for businesses.

Financially, Symva Coffee Ltd presents a mixed picture. While bank borrowings have increased significantly by 280%, cash reserves have only grown slightly by 4%, suggesting the company is relying on debt to fund operations. Creditors have also risen by 35%, indicating increased short-term liabilities. However, the company’s net assets remain negative at -£53,000, a substantial increase from -£36,000 the previous year. It’s a small company, meeting two of three criteria for size: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor is likely due to its small size.

Overall, Symva Coffee Ltd appears to be a growing business with a strong online presence and a clear mission, but its financial health is concerning. The increase in debt and negative equity suggest it's burning through money, although the positive customer reviews and focus on ethical sourcing could help it sustain growth in the long run.

Registered in England/Wales under the registration number 13885758, with a registered address at BN3 2FA, England, Hove, East Sussex, Palmeira Avenue Mansions, 19 Church Road.

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