Oriental Tea Merchant Ltd
- Small
- Active
- 1 year
- 4 employees
- £16,477 (assets)
- Real address
- 1 director
- 1 owner
- Irregular importer
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Oriental Tea Merchant Ltd, based in Chichester, UK, is a small, active company founded just one year ago. With four employees and £16,477 in assets, it operates as a solo-founder venture with a single director and owner. The company runs an e-commerce site, selling a variety of teas, foods, and related items, and has a real address. It’s an irregular importer, primarily dealing with plastics and plastic products, with its last import activity occurring two months ago in December 2024.
The company’s website, OrientalTeaBox, showcases a curated selection of premium products from Asia, emphasizing craftsmanship and artistry. It features a range of studio ceramics, teaware, and unique gifts, alongside informative content about tea culture and the artists behind the products. The site offers international shipping and caters to a global customer base, with a wide range of currencies and countries listed. It's a well-designed site with a strong focus on visual appeal and storytelling.
Financially, Oriental Tea Merchant Ltd presents a mixed picture. While it meets the criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its equity is currently at -£28,000, indicating accumulated losses. Cash reserves stand at £5,300, and bank borrowings are at £21. Creditors have remained steady at £45,000, and trade debtors are at £9,100. The company’s net current assets are at -£29,000. The lack of an auditor is not unusual for a small company.
These figures suggest that Oriental Tea Merchant Ltd is burning through cash, likely a common occurrence for a young e-commerce business. The company’s focus on high-quality, niche products and its international reach are promising, but it will need to manage its expenses and increase sales to achieve long-term sustainability.
Registered in England/Wales under the registration number 14846918, with a registered address at PO19 1LH, England, Chichester, 3a Crane Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Ker Nai-wen
- 1 year
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Ker Nai-wen
- 1 year
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2024-05-31Download 7 pages pdf report
-
Confirmation statement made on 2024-05-03 with no updatesDownload 3 pages pdf report
-
Certificate of change of nameDownload 3 pages pdf report
Importer profile by HS codes
Last imported products
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FAQ about Oriental Tea Merchant Ltd
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