This website uses cookies

We use cookies and other tracking technologies to assist with navigation and your ability to provide feedback, analyse your use of our products and services, and assist with our promotional and marketing efforts. View our Privacy Policy

Cafédirect

Ordinary shares

SECONDARY MARKET

Notice of AGM 2020

2020 ANNUAL GENERAL MEETING
To be held on Wednesday 16th September 2020

The meeting will take place online using Zoom.

If you are a shareholder and would like the Zoom details to join this call please contact shareholder@cafedirect.co.uk

PROGRAMME

13:00 – 13:10 Welcome and Introduction
John Philips, Chair
13:10 – 13:40 Financial Performance & Business Review
John Steel, CEO
13:40 – 13:55 Producers Direct Update
Claire Rhodes, CEO, Producers Direct
13:55 – 14:10 Impact Report & The Gold Standard
Roxy Rocks-Engelman, Sustainability Communication Manager
14:10 – 14:25 Results of AGM Resolution Polling
14:25 – 14:30 AGM Closes

 

Please find the full Notice of Annual General Meeting attached below.

Update 18/05/2020

2019 accounts published

The Directors of Cafédirect plc are pleased to inform you that the 2019 Report & Financial Statements have been audited and filed at Companies House with the following highlights:

  1. Company Turnover at 31st December 2019  The Company achieved gross sales of £14m to the end of December 2019, an increase of £0.9m on 2018, a 7% increase.
  2. Profit on ordinary activities before taxation at the 31st December 2019  The Directors are pleased to report continued profitability on a full year basis, with a profit on ordinary activities before tax of £156k to the end of December 2019, as compared to 2018, when a profit of £171k occurred.
  3. Balance sheet & cash position as at 31st December 2019  The net assets of the Company at the end of December 2019 are £4m, £0.2m lower than at the end of 2018. Nevertheless the cash position is £550k, as compared to the end of 2018 when the cash position was £466k.
  4. Investment in grower communities  £990k was invested in the growers & their communities via Fairtrade Premiums, Organic Premiums & its charitable foundation - Producers Direct. This is a 27% increase as compared with £782k in 2018.
     

Update 19/03/2019

2018 accounts published

With the publication of the latest set of accounts up to 31st December 2018 the Board are delighted to report that Cafédirect earned a profit in 2018 of £218k (2017: £343k loss). This is the first year that the company has delivered a surplus since 2009 and demonstrates a notable trajectory in profit improvement from a low point for the business in 2015 where it recorded trading losses of £1.2m.

The company’s turnover for the year ended 31 December 2018 was £13.1m, which was a 1.9% increase compared with 2017.

Update: 02/10/2018

Cafédirect Trading Update

The Directors of Cafédirect plc are pleased to update you further to the AGM on the 27th June 2018 with an unaudited trading update as follows:

1. Gross Sales Revenue to the end of August 2018
The Company achieved gross sales of £7.973m to the end of August 2018, an increase of £0.488m on 2017, and a 6.5 % increase year to date

2. Profit before Tax to the end of August 2018
The Directors are delighted to report a return to profitability on a year to date basis, with a profit before tax of £36,000 to the end of August 2018, an improvement of £220,000 on 2017, when a loss of (£184,000) occurred.
The Company has passed its covenant tests each month with regard to gross sales value and net profit.

3. Balance sheet & cash position as at end of August 2018
Further to the successful refinancing of 2017 and the improvement trading performance to date the total assets of the Company at the end of August are £1.3m higher than the same point of time in 2017. Furthermore the cash position is £678k, an improvement of £1.436m as compared to the same point in time in 2017 when the cash position was (£758k).

Update: 12/07/2018

Cafédirect has become the first UK coffee producer to achieve certification as a B Corporation, cementing its reputation as the leading producer of sustainably sourced and Fairtrade coffee.

John Steel, CEO of Cafédirect, said: “We are very excited to be part of the B Corp movement. As a pioneer, it is our role to embrace approaches that drive businesses to behave better and enable consumers to make better choices."

All businesses certified as B Corps must meet the highest standards of verified social and environmental performance, public transparency and legal accountability, and aspire to use the power of markets to solve social and environmental problems. Over 2,000 businesses have joined the global B-Corporation community and research has shown that the B Corps who have re-certified in the UK have grown up to 28 times faster than UK GDP.

Kate Sandle, Head of Community at B Lab UK, added: “Cafédirect has always had social responsibility at its heart, and we are pleased that such a trailblazing company has chosen to join a global movement that’s reinventing business.

“The growth of the B Corp community in the UK and globally is testament that meaningful change is underway, with B Corp becoming ‘business as usual’.”

Buy & Sell shares

Trade Online

Why use Ethex?

  • Easy to understand, compare and choose products
  • Extensive expertise in social investment
  • First ever not-for-profit investment broker
  • Make multiple investments much more easily

Need help?

The Ethex team are here to help from 9am to 5pm

https://www.ethex.org.uk/savings--investments_16.html

Invest and save with Ethex to

make money do good

You can browse, compare and invest in a range of products on Ethex platform from bank accounts and ISAs to equity investments and charity bonds that offer a social/environmental as well as a financial return. All you need to do is get started...