MIKO COFFEE LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-21 (in 6mo)
Last made up 2025-11-07
Watchouts
None on the register
Cash
£755K
+18.5% vs 2023
Net assets
£5M
+23.6% vs 2023
Employees
105
-3.7% vs 2023
Profit before tax
£1M
+144% vs 2023
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £16,050,206 | £17,540,795 | |
| Operating profit | — | £931,535 | £1,606,916 | |
| Profit before tax | — | £527,221 | £1,286,616 | |
| Net profit | — | £362,061 | £949,375 | |
| Cash | — | £637,481 | £755,244 | |
| Total assets less current liabilities | — | £14,224,935 | £14,852,222 | |
| Net assets | — | £4,026,043 | £4,975,418 | |
| Equity | £3,203,815 | £4,026,043 | £4,975,418 | |
| Average employees | — | 109 | 105 | |
| Wages | — | £3,411,411 | £3,787,014 | |
| Directors' remuneration | — | £91,083 | £82,208 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+9.3%
£16,050,206 £17,540,795
-
Cash
+18.5%
£637,481 £755,244
-
Net assets
+23.6%
£4,026,043 £4,975,418
-
Employees
-3.7%
109 105
-
Operating profit
+72.5%
£931,535 £1,606,916
-
Profit before tax
+144%
£527,221 £1,286,616
-
Wages
+11%
£3,411,411 £3,787,014
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | 5.8% | 9.2% | |
| Net margin | — | 2.3% | 5.4% | |
| Return on capital employed | — | 6.5% | 10.8% | |
| Gearing (liabilities / total assets) | — | 83.5% | 79.9% | |
| Current ratio | — | 1.19x | 1.36x | |
| Interest cover | — | 2.30x | 5.02x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- MIKO COFFEE LIMITED 2000-08-07 → present
- MASTER BREW LIMITED 1986-03-14 → 2000-08-07
- MERRYBOND LIMITED 1982-11-12 → 1986-03-14
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- BBK Partnership
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the Company and the group have adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis in preparing the annual financial statements.”
Group structure
- MIKO COFFEE LIMITED · parent
- Miko Coffee South West Limited 100%
- Miko Coffee (Scotland) Limited 100%
- Cornish Coffee Limited 100%
- Ethical Direct Limited 100%
Significant events
- “Despite uncertain global economic conditions due to Eastern European and Middle Eastern conflicts the company has experienced an increase in turnover. The price of coffee has increased following the harvest conditions in Brazil affecting the wider industry, nevertheless the company experienced an increase in sales margin.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| STAGG, Adrian Leonard | Secretary | 2008-09-30 | — | British |
| HERMANS, Karl Anne | Director | 2022-07-28 | Dec 1973 | Belgian |
| VAN TILBORG, Frans Celesta | Director | 1996-03-31 | Oct 1965 | Belgian |
| VOS, Katelijne Alphonsina | Director | 2022-07-28 | Oct 1975 | Belgian |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| REYNOLDS, Grace | Secretary | — | 1996-03-31 |
| ROGERS, Alexander John Wyndham | Secretary | 1996-03-31 | 2008-09-30 |
| FISHER, Victor Albert | Director | — | 1993-10-05 |
| MENEVE, Willy | Director | 1993-10-05 | 1999-06-16 |
| MICHIELSEN, Frans | Director | 1996-07-01 | 2010-05-06 |
| MICHIELSEN, Johannes Adrianus | Director | 2010-06-30 | 2014-12-31 |
| MICHIELSEN, Leo | Director | 1993-10-05 | 1996-07-01 |
| MICHIELSEN, Stijn Julia | Director | 2022-07-28 | 2025-12-31 |
| NOAD, Michael Kenneth | Director | — | 1993-10-05 |
| REYNOLDS, Anthony James Percy | Director | — | 1996-03-31 |
| REYNOLDS, Grace | Director | — | 1996-03-31 |
| VAN GEMART, Willem | Director | 2008-05-19 | 2022-07-27 |
| VANDERVEE, Johannes Petrus Catharina | Director | 2008-05-19 | 2019-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Miko Koffie Nv | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 179 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-04 | AA | accounts | Accounts with accounts type group | |
| 2025-01-29 | DISS40 | gazette | Gazette filings brought up to date | |
| 2025-01-28 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-01-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-24 | AA | accounts | Accounts with accounts type group | |
| 2023-11-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-24 | AA | accounts | Accounts with accounts type group | |
| 2023-02-01 | AA | accounts | Accounts with accounts type group | |
| 2022-11-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-10 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-10 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-10 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-09 | TM01 | officers | Termination director company with name termination date | |
| 2021-11-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-07 | AA | accounts | Accounts with accounts type audit exemption subsiduary | |
| 2021-10-07 | PARENT_ACC | accounts | Legacy | |
| 2021-10-07 | AGREEMENT2 | other | Legacy | |
| 2021-10-07 | GUARANTEE2 | other | Legacy |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.