The Uk Loose Leaf Tea Company Ltd

The Uk Loose Leaf Tea Company Ltd, based in Brecon, UK, is a small, active business founded eight years ago. With three employees and £268,015 in assets, it operates from a virtual address – fourteen companies registered at the same address, so it’s probably virtual – and is led by a solo founder and one director. The company runs an e-commerce site and has a stellar 5.0 Google rating from 46 reviews. It regularly imports coffee, tea, mate, and spices, with the latest import activity recorded six months ago.

The company’s website showcases a wide selection of teas and coffees, from classic blends to unique infusions, with a focus on quality and ethical sourcing. It offers both loose leaf and bagged teas, catering to diverse preferences. The site also features accessories like DIY tea bags, strainers, and sugar caddies, and even offers a subscription service for regular tea deliveries. A wholesale section caters to hotels, restaurants, and zero-waste shops, offering discounts. It’s clear the company is trying to appeal to a wide range of customers, from casual tea drinkers to wholesale businesses.

Financially, The Uk Loose Leaf Tea Company Ltd presents a mixed picture. Current assets increased by 34% to £270,000, while net assets surged 96% to £220,000 – a positive sign. However, trade debtors rose significantly by 580%, reaching £75,000, which could indicate difficulties in collecting payments. Bank borrowings also increased, and cash reserves dropped. The company’s small size – meeting two of three criteria for a small company – allows for flexibility, but the rise in debtors warrants attention. The unaudited financial statements, overseen by a director, don’t mention an auditor.

Overall, The Uk Loose Leaf Tea Company Ltd appears to be a growing business with a strong online presence and a loyal customer base. However, managing its debtors and maintaining healthy cash flow will be crucial for its continued success.

Registered in England/Wales under the registration number 10761549, with a registered address at LD3 7BN, United Kingdom, Brecon, Powys, St Davids House, 48 Free Street.

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