Teaantiques.com Limited

Teaantiques.com Limited, based in Portsmouth, UK, is a small, active company established 21 years ago. With two employees and £16,906 in assets, it operates as an e-commerce site specializing in antiques and related items. The company, which has three directors and two owners, maintains a real registered address and is involved in retail via mail order, landscape service activities, and the sale of antiques – including antique books.

The website, Teaantiques.com, showcases a diverse collection of antiques, from furniture and ceramics to books and collectibles. It appears to be a well-established online store, catering to a niche market of antique enthusiasts. The site also highlights a connection to 1066 Pianos, suggesting a shared heritage and possibly a broader family business.

Financially, Teaantiques.com Limited presents a mixed picture. While cash reserves increased significantly by 320% to £6,900, creditors rose by 38% to £9,500. This could indicate an increase in short-term liabilities. The company’s net assets, however, increased by 18% to £5,700, suggesting improved equity. A notable decline in property, plant, and equipment – down 27% to £1,100 – might reflect depreciation or asset sales. The company’s small size—meeting two of three conditions for a small company—allows for flexibility, but the increase in creditors warrants attention. The company’s accounts are unaudited and prepared as abridged accounts, and the accounts were prepared under the historical cost convention.

Overall, Teaantiques.com Limited seems to be navigating a competitive market, maintaining a solid online presence and a diverse inventory. The financial data suggests a company that’s managing its liabilities but could benefit from careful monitoring of its cash flow.

Registered in England/Wales under the registration number 05086843, with a registered address at PO1 4QL, Hampshire, 389 Old Commercial Road, Portsmouth.

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