Tea 4ever Ltd

Tea 4ever Ltd, based in Bournemouth, UK, is a small, active company founded six years ago in 2019. It’s a solo venture, run by its founder, Yang Shiqun, with just three employees and £30,914 in assets. The company operates from a real address, shared by four other businesses, and has no directors. Tea 4ever is an irregular importer, primarily bringing in prepared or preserved plant-based foods, with the last import operation occurring over two years ago in November 2020. It also operates in the retail sale of beverages in specialised stores.

The company’s website, Party Forever, is a vibrant online store specializing in party supplies and fancy dress costumes. It offers a wide range of products, from balloons and tableware to themed costumes and accessories, catering to various occasions like birthdays, Halloween, Christmas, and Pride celebrations. The website’s extensive product categories and detailed descriptions suggest a well-established e-commerce operation. It also has a blog and social media presence, indicating a focus on engaging with customers and promoting its products.

Financially, Tea 4ever Ltd’s recent report reveals a mixed picture. While cash reserves saw a significant boost, increasing by 3,600% to £24,000, other areas show cause for concern. Net assets declined by 66%, landing at -£160,000, and bank borrowings increased by 54%, reaching £180,000. Creditors also rose by 39%, reaching £200,000. The company’s small size—meeting two of three conditions for being classified as small—allows for flexibility, but the decrease in equity is a notable trend. The report is unaudited, and no auditor is mentioned.

The company’s irregular import activity, coupled with the fluctuating financial metrics, suggests a business that may be facing challenges in maintaining consistent revenue streams. The success of Party Forever, however, indicates a potentially strong e-commerce platform that could be leveraged to improve financial performance.

Registered in England/Wales under the registration number 11773828, with a registered address at BH8 8EH, England, Bournemouth, 9 Holdenhurst Road.

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