Mint Tea Boutique Limited

Mint Tea Boutique Ltd from Winchester UK is a small, active company founded 14 years ago. Employing ten people, it holds £97,531 in assets and operates from a real address. With two directors and two owners, the business runs an e-commerce site selling clothing, jewellery, and homeware.

The company’s website showcases a wide range of products, from dresses and tops to scarves and candles, catering to diverse tastes. It features established brands like Pernille Corydon and Enamel Copenhagen alongside lesser-known labels. The site also has two physical stores, one in Winchester and another in Bournemouth, which is nice.

Financially, Mint Tea Boutique Ltd’s recent report reveals a mixed picture. While current assets increased by 22% to £98,000, net assets decreased by 22% to £5,200. Bank borrowings increased by 83% to £35,000, and cash reserves fell 25% to £10,000. Creditors also increased by 4.3% to £60,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the equity decline suggests potential financial pressure. No auditor is mentioned, likely due to its small size, so the figures are unaudited.

The company’s turnover has remained steady, indicating a consistent customer base, but the rise in borrowings and decrease in cash reserves are something to keep an eye on. It seems like they are investing in growth, but it’s important to monitor whether that investment translates into sustainable profitability.

Registered in England/Wales under the registration number 07579617, with a registered address at SO23 9HE, England, Winchester, Hampshire, 4 St Thomas Street.

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