Fresh Tea Ltd

Fresh Tea Ltd, based in Ilford, UK, is a small, active company founded five years ago in July 2019. With twenty employees and £91,739 in assets, it operates from a virtual address shared by forty other companies, a little unusual. The business is led by a single director and owner, Nguyenova Kim Anh, and focuses on unlicensed restaurants and cafes. It’s a regular importer, primarily of plastics and plastic products, with six months of import activity recorded, the last in December 2024.

The company’s website, The Fresh Tea Shop, presents a vibrant, consumer-facing brand. It's clearly an e-commerce platform, offering a range of teas, mixed Monday deals, and winter specials. The site promotes partnerships with gastronomes and retailers, encouraging them to join the “FRESH TEA SHOP Family.” It also features a section for social media links, including Facebook, Instagram, and TikTok, indicating a focus on digital marketing. The website’s design is modern and visually appealing, with a clear emphasis on product discovery and online sales.

Financially, Fresh Tea Ltd shows a mixed picture. Current assets have decreased by 24% to £92,000, while cash reserves have fallen a significant 66% to just £21,000. Trade debtors have increased by 20%, suggesting potential issues with customer payments, and creditors have decreased by 30%, which is a positive sign. Equity has fallen by 1%, and net current assets liabilities have decreased by 12%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's exempt from an audit, and the financial statements are unaudited.

Overall, Fresh Tea Ltd appears to be navigating a challenging period. While the e-commerce platform and brand presence look promising, the decline in cash reserves and the increase in debtors raise concerns about its financial health. It’s possible the company is reinvesting in growth, but careful management will be needed to ensure long-term sustainability.

Registered in England/Wales under the registration number 12119372, with a registered address at IG2 6EW, England, Ilford, Essex, The Gatehouse, 453 Cranbrook Road.

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