The Coffee Obsessive Limited

The Coffee Obsessive Limited, based in Leicester, UK, is a small, active company founded six years ago in 2019. With a single employee and £37,135 in assets, it’s a solo venture led by a director and owner. The business enjoys a stellar 5.0 Google rating from 255 reviews, showcasing its popularity. It operates in the unlicensed restaurants and cafes industries and irregularly imports coffee, tea, mate, and spices, with the latest import occurring in September 2024.

The company’s website, Specialty Coffee The Coffee Obsessive, focuses on selling specialty coffee beans and related products. It appears to be primarily an e-commerce operation, with no physical storefront mentioned. The site highlights a curated selection of coffee beans, brewing equipment, and accessories, suggesting a focus on quality and expertise.

Financially, The Coffee Obsessive Limited presents a mixed picture. Cash reserves have plummeted by a staggering 84%, falling to just £11,000, while bank borrowings have decreased by 64%, now at £3,400. Current assets have also declined significantly, dropping 60% to £37,000. However, creditors have decreased by 63%, indicating improved debt management. The company’s small size (meeting two of three criteria for a small company) helps with agility, but the sharp decline in equity—now at -£64,000—raises concerns. Trade debtors have increased by 30%, which could be a sign of growth, but also a potential risk if payments are delayed. The company’s unaudited accounts, exempt due to its small size, rely on director-reported data.

Overall, The Coffee Obsessive Limited seems to be navigating a challenging financial landscape. While its online presence and customer reviews are impressive, the declining cash reserves and negative equity suggest the business is burning through money. Whether this is a typical startup phase or a longer-term issue remains to be seen, but the company’s future hinges on its ability to generate sustainable profits and manage its finances effectively.

Registered in England/Wales under the registration number 11948560, with a registered address at LE2 2BE, England, Leicester, 53 Francis Street.

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