Royaltea Ltd

Royaltea Ltd from Leicester UK: a small, family-run business with an active status, was founded nineteen years ago in 2005. Employing twenty-two people and holding assets valued at £4,818,939, it operates from a real address and is overseen by two directors and two owners. The company regularly imports plastics and plastic products (twenty months of activity) and exports miscellaneous food products (three months). It's a tea manufacturer, wholesale of coffee, tea, cocoa and spices industries.

The company’s website isn’t available, so it’s difficult to know exactly what they’re doing, but it's likely they operate through wholesale channels rather than direct-to-consumer e-commerce.

Financially, Royaltea Ltd appears to be in a stable position, although there are some trends to note. Current assets have increased by a significant 41% to £4,800,000, while net assets have also grown by 39% to £4,400,000. Cash bank on hand has seen a healthy 59% increase to £2,300,000. However, creditors have also risen by 66% to £740,000, and trade debtors have increased by 33% to £2,100,000. This suggests the company is investing in growth, but it's also extending credit to customers. Depreciation charges are also rising, but this is a natural consequence of owning fixed assets. The company is small, meeting two of three conditions for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), which allows for agility. There is no auditor mentioned, so the figures are unaudited.

The company’s financial data indicates a positive trend, with increasing assets and cash reserves. The rise in creditors and debtors could be a sign of expansion, or it could indicate some challenges in managing cash flow. The company's family ownership and small size likely contribute to its agility and responsiveness to market changes.

Registered in England/Wales under the registration number 05654050, with a registered address at LE4 9LG, England, Leicester, 113 Barkby Road.

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