Rare Tea Company Limited

Rare Tea Company Ltd, based in Midlothian, UK, is a small, active company founded 20 years ago. With 12 employees and £966,223 in assets, it operates from a virtual address, managed by two directors and a solo founder. The company runs an e-commerce site and regularly imports and exports coffee, tea, mate, and spices—19 months of import activity and 16 months of export activity recorded.

The Rare Tea Company specializes in sustainable loose leaf teas, teaware, and gifts. Its website showcases a wide range of teas, from classic English Breakfast to rare white teas, alongside teapots, mugs, and other accessories. The company also offers tea subscriptions, masterclasses, and curated collections, catering to both novice and experienced tea drinkers. It even has a charitable arm, supporting educational scholarships on partner farms.

Financially, Rare Tea Company Ltd presents a mixed picture. Cash bank on hand increased by a significant 30%, reaching £310,000, and debtors jumped 91%, now at £260,000, suggesting increased sales. However, finished goods decreased by 18%, down to £390,000, and net assets declined by 12%, settling at £790,000. Creditors also rose by 18%, reaching £180,000, and taxation social security payable increased by 59%, now at £85,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in liabilities warrants attention. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

Overall, Rare Tea Company Ltd appears to be growing its sales, but managing its debts will be crucial for its continued success.

Registered in Scotland under the registration number SC269185, with a registered address at EH3 8EJ, Midlothian, 5 Atholl Crescent, Edinburgh.

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