Jenier Limited

Jenier Limited, based in Glasgow, UK, is a small, family-run business with an active status, celebrating fifteen years since its founding in 2009. Employing seven people and holding assets valued at £401,507, the company operates from a real address and is managed by two directors and two owners. It runs an e-commerce site and specializes in the wholesale of tea, offering a wide range of loose leaf teas, tea bags, and related accessories. The company is also a regular exporter, with four months of export activity recorded, the last in February 2024, and an irregular importer, with one month of import activity, the latest in June 2024, both involving miscellaneous food products.

The company’s website showcases a vast selection of teas, catering to both retail and wholesale customers. It offers everything from breakfast blends to specialized herbal infusions, alongside a range of teaware and custom branding options. The site also features a “Tea Hub” providing information and training resources for tea enthusiasts and businesses. Jenier Limited emphasizes quality, British craftsmanship, and personalized service, positioning itself as a trusted supplier for tea businesses and consumers alike.

Financially, Jenier Limited presents a mixed picture. While current assets increased slightly to £400,000, net assets decreased significantly by 25% to -£42,000. Bank borrowings have surged dramatically, increasing by 5000% to £36,000, and cash reserves have fallen sharply to just £56. Creditors also increased by 18%, suggesting a need for better cash flow management. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity raises concerns. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

Despite these challenges, Jenier Limited appears to be adapting. The company’s focus on online sales and its wide range of products suggest a commitment to growth, even as it navigates financial pressures. Whether it can sustain its momentum in the competitive tea market remains to be seen.

Registered in Scotland under the registration number SC359039, with a registered address at G52 4JU, Scotland, Glasgow, 27 Earl Haig Road, Hillington Park.

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