Boba & Pearl Ltd

Boba & Pearl Ltd from Wickford UK is a small, active company founded three years ago. With five employees and £16,214 in assets, it operates from a virtual address and is led by a solo founder who also serves as director and owner. The company has a 5.0 Google rating based on 24 reviews and runs an e-commerce site. It’s an irregular importer, bringing in miscellaneous food products, with just one month of imports recorded back in June 2022.

The company's website, Bubble Tea Supply, positions itself as a wholesale supplier of boba, tea, tapioca, and related equipment. It caters to businesses looking to add bubble tea to their menu, offering a wide range of powders, syrups, pearls, and equipment. The site highlights award-winning products and emphasizes ease of use and training for new bubble tea vendors. The website also features a blog with recipes and articles about bubble tea history and components.

Financially, Boba & Pearl Ltd presents a mixed picture. Current assets dropped by 15% to £16,000, while net assets plunged 230% to -£6,000—a significant decline. Bank borrowings increased by 13%, reaching £8,500, and cash reserves fell 63% to £2,700. Creditors decreased by 3.3%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s recent growth in employees, from five to six, may be a sign of increased demand, but the declining cash reserves and negative equity suggest the business is burning through money. It’s possible the company is reinvesting heavily in its e-commerce platform or expanding its product offerings, but the financial strain is evident.

Registered in England/Wales under the registration number 13441590, with a registered address at SS11 8YU, United Kingdom, Wickford, Essex, 1 Sopwith Crescent.

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