My Boba Tea Limited

My Boba Tea Limited, based in Harlow, UK, is a small, active company founded three years ago in December 2021. It’s a solo founder operation with one director and owner, Tang Ly Kiu. The company holds £9,227 in assets and operates from a real address at a Holiday Inn Hotel. It’s classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The business is an irregular importer, primarily dealing in drinks, alcohol, and vinegar, with a single month of import activity recorded back in April 2022.

The company operates in the other food services industries. Its website is currently unavailable, so it’s difficult to determine the exact nature of its operations beyond this. It's not clear if they have an e-commerce presence or primarily operate through wholesale or other channels.

Financially, My Boba Tea Limited is showing some concerning trends. Current assets have fallen by 45% to £9,200, while net assets have plummeted 290% to -£1,500. Bank borrowings have not been reported. Creditors have also decreased by 37% to £11,000. Cash reserves have fallen by 29% to £4,600. The company’s small size helps it remain agile, but the significant equity drop suggests it’s burning through cash. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's irregular import activity and the lack of a visible online presence suggest a niche or specialized operation. Whether it can sustain its current trajectory remains to be seen, but the financial data indicates a need for careful management and a focus on profitability.

Registered in England/Wales under the registration number 13781878, with a registered address at CM20 1FL, United Kingdom, Harlow, Essex, Mui Koko, Unit 1, Holiday Inn Hotel.

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