Punjana Limited
- Active
- Large
- Holding
- 69 years
- 45 employees
- £5,747,599 (assets)
- £13,413,350 (revenue)
- Regular importer
- Regular exporter
- Real address
- 9 directors
- 1 owner
- E-commerce
- Rating 5.0 (13)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Phones
Summary
Punjana Limited is a large, holding company with an active status, established 68 years ago in 1956. Based in Belfast, Northern Ireland, the company employs 48 people and holds assets worth £4,443,361, generating a yearly revenue of £11,656,588. It has a real address, is managed by nine directors, and is owned by one individual. The company operates an e-commerce site and enjoys a 5.0 Google rating based on 13 reviews. Punjana Limited regularly imports paper and paperboard products (for 29 months) and exports coffee, tea, mate, and spices (for 6 months).
Punjana Limited, trading as Thompson's Family Teas, is a family-owned business specializing in the blending and distribution of tea. Their website highlights a legacy stretching back to 1896, with a focus on crafting award-winning teas. They source tea from gardens in Assam, Kenya, and beyond, offering a range of classic teas and gift sets. The company also operates a piano restoration division, 1066 Pianos, which handles museum-grade restorations and disaster recovery services. The website has a store locator and a blog to connect with tea enthusiasts.
Financially, Punjana Limited shows some concerning trends. Current assets decreased by 2%, settling at £4,400,000. Net assets also fell slightly, and bank borrowings increased significantly, reaching £170,000. Cash reserves, however, saw a positive change, increasing by 88% to £82,000. Despite these shifts, the company's turnover increased by nearly 10%, reaching £12 million. The company's size qualifies it as a large company, meeting two of three criteria. The financial statements were audited by ASM (B) Ltd.
The company’s financial performance suggests a mixed picture. While revenue is up, the decline in net assets and increase in bank borrowings could indicate increased expenses or investments. The growth in cash reserves is a positive sign, but the overall trend warrants close monitoring. The company’s dual focus on tea and piano restoration presents both opportunities and challenges, requiring careful management to ensure long-term success.
Registered in Northern Ireland under the registration number NI003724, with a registered address at BT5 4PJ, Carnforth Street, Belfast.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 2 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- N/A
- 2
-
Resident of United Kingdom
-
Individual
- N/A
- 1
-
Resident of United Kingdom
-
Individual
- N/A
-
Resident of United Kingdom
-
Individual
- N/A
-
Resident of United Kingdom
-
Individual
- N/A
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Full accounts made up to 2024-08-31Download 35 pages pdf report
-
Appointment of Mr Jonathan James Mcwhinney as a director on 2025-01-02Download 2 pages pdf report
-
Confirmation statement made on 2024-11-14 with no updatesDownload 3 pages pdf report
Punjana Limited controls
Owns & Controls
-
Corporate
- 9 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Punjana Limited
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