Flora Tea Group Limited

Flora Tea Group Limited, based in London, UK, is a small, active company founded nine years ago in 2015. It's a solo founder operation with one director and employee, holding £52,669 in assets. The company boasts a perfect 5.0 Google rating based on one review, a testament to its customer service. Its registered address is real, with only one other company registered at the same location.

The company operates across several industries, including tea processing, wholesale of coffee, tea, cocoa and spices, wholesale of china and glassware and cleaning materials, and retail sale via mail order houses or via internet. Its website, floratea.com, is currently undergoing a redesign, but still allows purchases via Internet Explorer or Safari on desktop computers, or via email. The site focuses on premium flowering teas, tea sets, and artistic tea gifts—a niche market with a strong visual appeal.

Financially, Flora Tea Group Limited presents a mixed picture. Current assets have decreased by 25% to £53,000, while bank cash has increased significantly by 440% to £2,100. Creditors have also decreased by 27% to £56,000, suggesting improved debt management. However, retained earnings and accumulated losses have worsened, declining by 51% to -£3,200. Trade debtors have also fallen by 32%, which could be a good thing or indicate less sales. As a small company (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it’s likely exempt from an audit, and the figures are unaudited.

The company’s solo founder structure and small size may contribute to its agility, but the declining equity raises questions about its long-term financial stability. The shift to a new website could be a positive step toward modernizing its online presence, but it’s also a risk—and it’s important to note that the website is currently not working properly.

Registered in England/Wales under the registration number 09667260, with a registered address at E14 7LB, England, London, Greater London, Suite 15, Zenith Building, 600 Commercial Road.

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