Rainbow Teas Limited

Rainbow Teas Limited, based in Poole, UK, is a small, active company founded four years ago in 2020. With £17,727 in assets and a virtual address shared by twenty-nine other companies, it’s a compact operation managed by two directors and a single owner, Wood Joshua Paul. The company operates in the wholesale of coffee, tea, cocoa and spices industries and is an irregular importer, with its top import category being Oil seeds and fruits used for oil, totaling one month of imports, the last recorded in August 2021.

The company’s website, Rainbow Bubble Tea, showcases a vibrant kiosk in Edinburgh's Waverley Mall, specializing in authentic Taiwanese bubble tea. The site emphasizes using high-quality ingredients imported directly from Taiwan, offering a range of flavors and seasonal specials. It’s clear the business is focused on a modern, fun experience, with regular social media updates and a focus on customer engagement. The site also has a FAQ section, which is a nice touch.

Financially, Rainbow Teas Limited presents a mixed picture. Cash bank on hand decreased by 12% to £820, while creditors increased significantly by 71% to £6,300. Current assets remained stable at £18,000, but equity plummeted 19% to £11,000, a notable decline. Trade debtors also remained steady at £17,000. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the equity drop suggests potential strain. The accounts are unaudited and exempt, relying on director-reported data.

In short, Rainbow Teas Limited is facing some financial headwinds, but its focus on a niche product and customer experience could help it weather the storm. It’s a small company, but it’s got potential.

Registered in England/Wales under the registration number 12891433, with a registered address at BH15 1QG, England, Poole, James House, 40 Lagland Street.

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