Saicho Ltd.

Saicho Ltd from Solihull UK is a small, active company founded seven years ago in 2017. With four employees and £640,590 in assets, it operates from a real address and is overseen by five directors and two owners. The company regularly imports glass and glassware (27 months) and exports drinks, alcohol, and vinegar (14 months), with the last operations occurring in February 2025.

The company's website showcases a unique proposition: non-alcoholic sparkling tea crafted from single-origin varieties like Darjeeling, Hojicha, and Jasmine. It’s clearly an e-commerce business, selling directly to consumers through its website, with a focus on luxury and food pairing. The site also highlights stockists and emphasizes its commitment to quality and craftsmanship.

Financially, Saicho Ltd presents a mixed picture. While cash reserves increased significantly by 140% to £150,000, net assets decreased by 77% to just £450,000. Bank borrowings have increased by 94%, reaching £270,000, and trade debtors have risen sharply by 81%, suggesting potential payment delays. Creditors also increased by 6.9%, which could be related to the increased borrowing. 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 decline in equity raises concerns. The unaudited financial statements, which don’t mention an auditor, rely on director-reported data.

Despite the challenges, Saicho Ltd appears to be a niche player in the beverage market, leveraging its unique product and online presence. Whether it can sustain growth and profitability remains to be seen, but its focus on quality and brand identity suggests a long-term potential.

Registered in England/Wales under the registration number 10770382, with a registered address at B91 1DG, United Kingdom, Solihull, 12 Stoneleigh Road.

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