Batch Tea Company Ltd

Batch Tea Company Ltd, based in Tunbridge Wells, UK, is a small, active company founded six years ago. With two employees and £7,147 in assets, it’s a modest operation led by two directors and two owners, enjoying a stellar 5.0 Google rating from ten reviews. The company meets two of three conditions to be classified as small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s activities encompass a wide range, including wholesale of coffee, tea, cocoa, and spices, retail sale of beverages in specialised stores, and retail sale via stalls and markets of food, beverages, and tobacco products. It also operates via mail order houses and the internet. While no website is available to examine, this suggests a diverse retail strategy.

Financially, Batch Tea Company Ltd’s recent performance presents a mixed picture. Cash bank on hand decreased by 6.4% to £1,600, while creditors increased by 21.0% to £13,000. Current assets saw a 24.0% boost to £7,100, but debtors rose significantly by 44.0% to £1,600. Equity, however, declined further, with retained earnings and accumulated losses down 19.0% to -£5,800. The company’s net assets and liabilities also reflect this downward trend. It’s important to note that the accounts are abridged and unaudited, and the company is exempt from an audit.

The company’s small size and the decline in equity suggest it’s facing challenges, though it’s not necessarily burning through cash. The increase in debtors could indicate slower payments from customers, or perhaps an expansion of credit terms. It’s possible the company is reinvesting in its business, but the decrease in cash reserves warrants closer monitoring. The lack of an auditor makes it difficult to fully assess the company’s financial health.

Registered in England/Wales under the registration number 11587787, with a registered address at TN3 9QT, England, Tunbridge Wells, Crack Willow Withyham Road, Groombridge.

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