Can you give me some financial information about Cafédirect?
Financial Data - Cafédirect case study
Contrary to some misperceptions, Cafédirect is neither a charity nor an NGO.
Cafédirect describes itself as a 'Profit Re-investment Company' with small dividends paid annually to shareholders while profit is largely re-invested to promote continued growth and development.
Operating profits are re-invested partly in PS & D programmes in line with the company's Gold Standard policy and partly to provide additional working capital to fund the company's continued growth.
Sustainability is achieved through the emphasis on the quality of Cafédirect products, which in turn command premium prices, thus providing sufficient profit to fund producer premiums and PS & D programmes, maintaining the consistency and quality of raw product.
The company is undergoing a capital restructuring programme to fund future expansion plans and has recently capitalised £750,000 GBP of distributable reserves.
| Capital | Amount in GBP (£) |
|---|---|
| Ordinary £1 GBP shares | £880,000 |
| 10% Preference shares | £97,500 |
| Reserves | £292,000 |
| Total Equity | £1,269,500 |
| Members loans | £119,115 |
