The Colombian Company Limited

The Colombian Company Limited is a small, active company based in Bath, UK, founded eight years ago in 2016. It employs 35 people and holds assets worth £150,989, operating from a real address at 3 New Bond Street Buildings. With two directors and two owners, the company runs an e-commerce site specializing in authentically sourced Colombian coffee beans, directly supporting farmers. It also operates physical stores in Bath and Bristol, offering coffee, food, and Colombian merchandise.

The company’s website highlights its commitment to providing specialty coffee and a welcoming environment. It’s currently launching a coffee subscription service, aiming to deliver fresh coffee directly to customers’ doors. The website also features a history of the company, founded by Jhampoll Gutierrez Gomez, a Colombian-born British citizen passionate about sharing his heritage.

Financially, The Colombian Company Limited shows some concerning trends. Current assets have decreased by 5.5% to £150,000, while net assets have fallen by 17% to £46,000. Bank borrowings have also been reduced by 15%, but cash reserves have dropped by 9.2% to £84,000. Trade debtors have seen a significant decrease, falling by 61%, which could indicate improved collection practices, or perhaps reduced sales. Creditors have also been reduced by 15%. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, and the financial statements are unaudited.

The company’s irregular import activity, focused on machinery, boilers, and mechanical appliances, adds another layer to its operations. While the coffee business seems to be thriving, the declining equity and reduced cash reserves suggest potential financial pressures. It’s unclear how the import business contributes to the company’s overall performance, but it’s a factor to watch as the company navigates the challenges of a competitive market.

Registered in England/Wales under the registration number 10477092, with a registered address at BA1 1BL, England, Bath, 3 New Bond Street Buildings.

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