Blends For Friends Limited

Blends For Friends Ltd from Reigate UK is a small holding company with an active status, founded nineteen years ago. The company employs twenty-eight people and holds £1,368,828 in assets, operating from a virtual address. It’s managed by two directors and owned by two entities, boasting a stellar 5.0 Google rating based on six reviews. The company regularly imports and exports coffee, tea, mate, and spices—eighty-five months of imports and forty months of exports.

The company specializes in creating bespoke tea and herbal infusion blends in private label packaging, packing them into various formats like loose leaf, tea bags, and single-serve sticks. Its clients range from independent tea businesses to multinational hotel groups and health brands worldwide. Blends For Friends works closely with clients to understand their needs, providing unique blend portfolios in the correct packaging. The company offers trade wholesale services, corporate blends, tasting events, and even classes.

Financially, Blends For Friends Ltd shows some interesting trends. Current assets have increased by a significant 77%, reaching £1.4 million, while net assets have improved by 25%, settling at -£930,000. Bank borrowings have decreased dramatically, falling by 100% to zero, and cash reserves have surged by 3400%, reaching £310,000. Creditors have also decreased, falling by 66% to £310,000. The company’s small size—meeting two of three conditions for being a small company—helps it stay nimble, but the substantial cash increase is a positive sign. Despite a decrease in deferred tax assets, the overall picture suggests a company that’s managing its finances more effectively. The absence of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

The company’s focus on bespoke tea blends and its strong customer relationships—evidenced by its tasting events and classes—suggests a commitment to quality and service. The surge in cash reserves, combined with the decrease in bank borrowings, points to a company that’s stabilizing after a period of investment or expansion.

Registered in England/Wales under the registration number 05575130, with a registered address at RH2 0AP, United Kingdom, Reigate, Surrey, The Cottage, 2, Castlefield Road.

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