Tea Investment Ltd
- Small
- Active
- 5 years
- £38,298 (assets)
- Virtual address
- 1 director
- 1 owner
- Regular importer
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 5 months ago, a good sign to sell them something.
The owners list was changed 5 months ago, a good sign to sell them something.
Field of Operation
Website
Summary
Tea Investment Ltd is a small, active company based in Birmingham, UK, founded five years ago in 2020. It's a solo-founded operation with one director and owner, Ng Chia Loon, and holds £38,298 in assets. The company operates from a virtual address, registered at Six Ways Business Centre, which is shared by 481 other companies. It’s involved in retail sale in non-specialised stores with food, beverages or tobacco predominating and regularly imports miscellaneous food products, with the latest import operation made on September 01, 2024.
The company’s website highlights a focus on supporting local businesses in Stretford town centre, aiming to revitalize the area through community engagement and events. It’s currently promoting various initiatives, including an Art Battle MCR event and a popup broadcast arm called Nite School Radio, and even features an "Ultimate Christmas Gift Guide" for local businesses. The site’s content suggests a focus on fostering a vibrant local economy rather than direct e-commerce sales.
Financially, Tea Investment Ltd shows a mixed picture. Cash bank on hand increased by 150% to £25,000, which is good news, but creditors decreased by -50% to £16,000. Debtor levels plummeted by -96% to just £110, which could indicate difficulties collecting payments or a shift in business practices. Equity, however, increased by 300% to £23,000, suggesting improved retained earnings. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the decrease in trade debtors is something to keep an eye on. The accounts are unaudited and exempt, relying on director-reported data.
Overall, Tea Investment Ltd seems to be navigating a period of change, with a focus on community engagement and a need to manage its debtors effectively.
Registered in England/Wales under the registration number 12560663, with a registered address at B19 2HN, United Kingdom, Birmingham, Six Ways Business Centre, 1 Guildford Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 5 years
- 5
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
- 5
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Unaudited abridged accounts made up to 2024-07-31Download 7 pages pdf report
-
Termination of appointment of Jack Elliot Lam as a director on 2025-01-31Download 1 page pdf report
-
Change of details for Mr Chia Loon Ng as a person with significant control on 2025-01-31Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Tea Investment Ltd
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