Cardiff Bay’s Coffi Heads Secure Six-Figure Investment


Coffi heads are enjoying a new experience in Cardiff Bay following a refurbishment and extension of Coffi Co’s Mermaid Quay store.

A six-figure investment in Coffi Co at Mermaid Quay includes a loan from the Development Bank of Wales. The popular family and dog friendly outlet is now one of the largest coffee shops in Wales.

Improvements include the installation of a new mezzanine floor and outside seating and decking area with capacity for 120 guests. The refurbishment of the internal space to include the addition of a new mezzanine floor has also seen the internal capacity move to 150 covers.

Open 364 days of the year, Coffi Co was established in 2014. The first store opened in two shipping containers in Porth Teigr in Cardiff Bay. There is now a team of 50 staff across five sites including the original Porth Teigr store, Mermaid Quay, Cathays, Penarth Marina and Porthcawl.

Managing Director Justin Carty said:

“From day one, we’ve focused on building a business that combines the key ingredients of a great leisure driven location, welcoming atmosphere and the very best coffee. We’re keen to continue with our growth strategy by focusing on continually improving and expanding our offer in new exiting leisure driven locations cross South Wales.

“Choosing the right investment partner wasn’t just about the numbers. We wanted an investment partner that was local, that understood are offering and that cares about the long-term success of our business. The team at the Development Bank of Wales ticks all of those boxes plus more. We’re delighted to have their support and are grateful that they want to work with us as we grow.”

Matthew Wilde is an Assistant Investment Executive with the Development Bank of Wales.

He added:

“Coffi Co offers quality coffee in a location that showcases Mermaid Quay, and is the perfect spot to work, socialise and meet colleagues, friends and family. Justin is committed to ensuring his business delivers a superb customer experience, and takes pride ensuring this standard is consistent across his five stores.

“The refurbishment work at the Mermaid Quay site will enhance the facilities and experience for customers, and create an exciting platform to build on and further develop the Coffi Co brand. We are very proud to be supporting Justin in his commitment to providing a unique and quality service to customers across South Wales.”


The Development Bank of Wales funds businesses that they think will benefit Wales and its people. The ones that will create ripples of growth- those that are more than a good business model or a great idea. They finance responsible businesses – those with a strong social, ethical and environmental standards, as well as real commercial promise.

By providing sustainable, effective finance where options have seemed limited, they bring ambitions to life and fuel possibilities for people, businesses and communities in Wales and beyond.

The Development Bank’s ‘big picture’ view means it can often help with debt and equity finance when options seem limited, doing whatever it takes to make a positive difference, bringing together the right people and working collaboratively to find a way to make things happen for Welsh businesses and for Wales.

Its teams are embedded in local communities, working out of regional offices that give customers direct access to key decision-makers and signposted avenues of support. They understand what’s happening in Wales’ villages, towns and cities – the challenges and the opportunities. They see the potential for business growth as a catalyst for enhancing lives and communities in Wales and beyond.

For more information, visit the Development Bank website at to find out more.


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