Three Cords Coffee Limited

Three Cords Coffee Limited is a small, active company based in London, UK. Founded three years ago in January 2022, it’s a solo founder operation with two directors overseeing its activities. The company boasts a real registered address and operates an e-commerce site specializing in coffee.

The business focuses on wholesale coffee, tea, cocoa, and spices, as well as retail sales of beverages through online channels. Its website showcases a curated selection of five coffees, categorized by flavor profile—Mexico, Colombia, Ethiopia, Nicaragua, and India—aiming to simplify the coffee-buying experience for both newcomers and enthusiasts. The site also features a blog and wholesale information, indicating a desire to engage with both consumers and businesses.

Financially, Three Cords Coffee Limited presents a mixed picture. Cash reserves increased significantly, jumping 380% to £4,700, which is good news. However, net assets took a hit, plummeting 2200% to -£22,000. Creditors also increased substantially, rising 240% to £28,000, while bank borrowings increased by 240% to £28,000. Trade debtors increased by 6.9% to £4,600. 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 for flexibility, but the significant equity decline suggests the company is burning through cash. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Three Cords Coffee Limited appears to be navigating early-stage challenges. While cash flow has improved, the negative equity and rising debts indicate a need for careful management. The company’s focus on specialty coffee and its online presence are positives, but sustaining growth will depend on turning these strengths into profitability.

Registered in England/Wales under the registration number 13833896, with a registered address at E12 5DZ, United Kingdom, London, 17 Dover Road.

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