Bubble City Ltd

Bubble CiTea Ltd, based in Portsmouth, UK, is a small, active company established eleven years ago. With 340 employees and £2,463,347 in assets, it’s a significant local employer. The company has a real address, is run by one director and one owner, and irregularly imports cereal and milk-based food products—just one month's worth of imports recorded as of September 2019.

Primarily, Bubble CiTea operates a chain of retail locations specializing in bubble tea, a popular Taiwanese beverage. Its website showcases a wide variety of flavors, including classic milk teas, fruit teas, and unique creations like Taro Milk Tea with Crystal Bubbles. The company emphasizes fresh ingredients, outstanding customer service, and a commitment to traditional Taiwanese bubble tea culture. It’s clear the business is focused on a vibrant, modern brand, with locations spread across the UK—from London to Scotland—and even a franchise model.

Financially, Bubble CiTea Ltd’s recent performance presents a mixed picture. While cash bank on hand decreased by 46% to £160,000, trade debtors increased dramatically—a 220% jump to £760,000. This could indicate a shift in payment terms or a surge in sales. However, net assets also declined by 490% to £320,000, and finished goods plummeted 91% to £11,000—a concerning trend. Bank borrowings increased by 14%, reaching £32,000, and accrued liabilities rose by 510%, now standing at £320,000. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the significant changes in equity suggest it’s burning through cash. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Bubble CiTea Ltd appears to be a popular brand facing some financial headwinds. Its extensive network of stores and franchise model suggest strong market demand, but the recent financial data indicates a need for careful management and possibly a reevaluation of its cost structure.

Registered in England/Wales under the registration number 08655296, with a registered address at PO1 3HY, England, Portsmouth, 129 Queen Street.

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