Finest Merchant Limited
- Small
- Active
- 6 years
- 1 employee
- £9,803 (assets)
- Virtual address
- 1 director
- 1 owner
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Finest Merchant Limited is a small, active company based in Morden, UK, founded six years ago in 2018. It’s a solo-founded operation with one director and owner, Atta Mansoor Ahmad, and employs a single person. The company holds £9,803 in assets and operates from a virtual address, registered at Marshall House, Suite 21/25, 124 Middleton Road – an address shared by 192 other companies. It runs an e-commerce site and focuses on retail sales via mail order and internet, as well as offering management consultancy services.
The website, Fine Tea Merchants, reveals a business specializing in tea sourcing and supply. It imports teas directly from India, offering a range from bulk shipments to bespoke blends and tea bags, catering to tea shops and small packers across the UK and Europe. The company also provides advisory and consulting services related to tea and sustainability, representing India’s largest merchant tea exporter. The site highlights a focus on quality, origin shipments, and even piano restoration—a surprising diversification.
Financially, Finest Merchant Limited presents a mixed picture. While bank borrowings decreased by 34%, cash reserves increased by a remarkable 110% to £100, a positive sign. However, creditors rose by 44%, and net assets declined by 35% to -£5,500, indicating a potential strain on equity. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the drop in equity and the reliance on bank borrowings are concerning. Although no auditor is mentioned, the company’s financial statements are unaudited and prepared in accordance with the Financial Reporting Standard 102. It’s clear the company is working hard to manage its finances, but the future remains uncertain.
Registered in England/Wales under the registration number 11665650, with a registered address at SM4 6RW, England, Morden, Marshall House, Suite 21/25 124 Middleton Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Atta Mansoor Ahmad
- 6 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Atta Mansoor Ahmad
- 6 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Confirmation statement made on 2024-12-11 with updatesDownload 4 pages pdf report
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Total exemption full accounts made up to 2023-11-30Download 7 pages pdf report
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Confirmation statement made on 2023-12-18 with no updatesDownload 3 pages pdf report
FAQ about Finest Merchant Limited
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