Pmd Tea Ltd

Pmd Tea Ltd is a small, active company based in Windsor, Berkshire, UK, established six years ago. It operates as an e-commerce business selling speciality teas directly from Sri Lanka, with three directors and two owners reported. The company’s registered address is real, with only one other company registered at the same location.

The website, PMD Tea, showcases a wide range of loose leaf and tea bag selections, emphasizing Ceylon teas and direct sourcing from Sri Lanka. It highlights generations of family ownership and quality, with a focus on heritage and awards. The site also features a blog with content on tea-related topics, like the London Tea Walk and Sri Lankan tea regions. The company caters to both individual tea lovers and commercial clients, offering a variety of teas, including black, white, green, and herbal infusions.

Financially, Pmd Tea Ltd’s recent accounts show a mixed picture. Bank overdrafts decreased by 33%, a positive sign, but cash on hand fell by 8.5% to £9,500. Creditors also decreased by 27%, suggesting improved debt management. However, retained earnings and accumulated losses deepened, with equity dropping 51% to -£4,000. Net assets and current liabilities also declined by 51%. 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 accounts are unaudited.

The company’s revenue recognition policy states that turnover is measured at the fair value of the consideration received, and the accounts have been prepared under the historical cost convention. While the business appears to be operating actively, the decline in equity and cash reserves could indicate financial strain. It’s possible the company is reinvesting in its business, but the trend warrants close monitoring.

Registered in England/Wales under the registration number 11401206, with a registered address at SL4 3BB, United Kingdom, Berkshire, Suite 16 24-28 St Leonards Road, Windsor.

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