Cha Yi Tea Limited

Cha Yi Tea Limited is a small, active company based in Gillingham, UK, established eleven years ago in 2013. With £26,766 in assets and a virtual address shared by twenty-six other companies, it operates as a private limited company with two directors and one owner. The company’s status is active, and it runs an e-commerce site, importing irregularly – mainly coffee, tea, mate, and spices, with the last import activity recorded way back in April 2016. It operates in the agents involved in the sale of food, beverages and tobacco industries.

The company’s website, The Chinese Tea Company, showcases a wide range of premium loose-leaf teas and teaware, alongside tea events, private tastings, and even a tea tour of China. It’s clear the business has a passion for Chinese tea culture, with a physical shop in London and a focus on sourcing directly from China. The website’s emphasis on quality, authenticity, and even a tea school suggests a sophisticated and dedicated customer base.

Financially, Cha Yi Tea Limited presents a mixed picture. Current assets have declined by 4.8% to £27,000, and net assets have fallen by a significant 47% to £14,000. Bank borrowings have increased substantially, rising by 9800 to £9,800, while cash reserves have also decreased by 10%. Creditors have also increased by 340%, reaching £13,000. The company meets two of three criteria to be considered small, with a turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor is not surprising, given its small size and exemption status.

Despite the declines, the company’s focus on high-quality tea and its established online presence suggest a potential for resilience. Whether it can overcome the financial pressures and maintain its reputation for excellence remains to be seen, but the business appears to be holding steady, despite some challenges.

Registered in England/Wales under the registration number 08555214, with a registered address at ME7 2YY, Gillingham, Kent, 139-141 Watling Street.

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