tea limited
tea limited Company Information
Company Number
05329931
Next Accounts
4450 days late
Directors
Shareholders
daren spence
paul burgess
View AllGroup Structure
View All
Industry
Retail sale of beverages in specialised stores
Registered Address
tea limited, 1 paternoster square, london, EC4M 7DX
Website
wearetea.comtea limited Estimated Valuation
Pomanda estimates the enterprise value of TEA LIMITED at £168.9k based on a Turnover of £803.3k and 0.21x industry multiple (adjusted for size and gross margin).
tea limited Estimated Valuation
Pomanda estimates the enterprise value of TEA LIMITED at £59.4k based on an EBITDA of £23.8k and a 2.5x industry multiple (adjusted for size and gross margin).
tea limited Estimated Valuation
Pomanda estimates the enterprise value of TEA LIMITED at £26.6k based on Net Assets of £14k and 1.9x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tea Limited Overview
Tea Limited is a live company located in london, EC4M 7DX with a Companies House number of 05329931. It operates in the retail sale of beverages in specialised stores sector, SIC Code 47250. Founded in January 2005, it's largest shareholder is daren spence with a 30.6% stake. Tea Limited is a mature, small sized company, Pomanda has estimated its turnover at £803.3k with unknown growth in recent years.
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Tea Limited Health Check
Pomanda's financial health check has awarded Tea Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £803.3k, make it larger than the average company (£651.6k)
- Tea Limited
£651.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Tea Limited
- - Industry AVG
Production
with a gross margin of 21%, this company has a higher cost of product (27.3%)
- Tea Limited
27.3% - Industry AVG
Profitability
an operating margin of 1.6% make it less profitable than the average company (3.8%)
- Tea Limited
3.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (91)
- Tea Limited
91 - Industry AVG
Pay Structure
on an average salary of £12.9k, the company has an equivalent pay structure (£12.9k)
- Tea Limited
£12.9k - Industry AVG
Efficiency
resulting in sales per employee of £401.6k, this is more efficient (£97.4k)
- Tea Limited
£97.4k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is later than average (9 days)
- Tea Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 103 days, this is slower than average (35 days)
- Tea Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 48 days, this is more than average (27 days)
- Tea Limited
27 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (8 weeks)
3 weeks - Tea Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.9%, this is a higher level of debt than the average (81.5%)
93.9% - Tea Limited
81.5% - Industry AVG
TEA LIMITED financials
Tea Limited's latest turnover from March 2011 is estimated at £803.3 thousand and the company has net assets of £14 thousand. According to their latest financial statements, we estimate that Tea Limited has 2 employees and maintains cash reserves of £11.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2011 | Mar 2010 | |
|---|---|---|
| Turnover | ||
| Other Income Or Grants | ||
| Cost Of Sales | ||
| Gross Profit | ||
| Admin Expenses | ||
| Operating Profit | ||
| Interest Payable | ||
| Interest Receivable | ||
| Pre-Tax Profit | ||
| Tax | ||
| Profit After Tax | ||
| Dividends Paid | ||
| Retained Profit | ||
| Employee Costs | ||
| Number Of Employees | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2011 | Mar 2010 | |
|---|---|---|
| Tangible Assets | 63,121 | 74,260 |
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 63,121 | 74,260 |
| Stock & work in progress | 83,766 | 35,619 |
| Trade Debtors | 70,523 | 68,102 |
| Group Debtors | ||
| Misc Debtors | ||
| Cash | 11,523 | 13,262 |
| misc current assets | ||
| total current assets | 165,812 | 116,983 |
| total assets | 228,933 | 191,243 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 180,221 | 127,267 |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | ||
| total current liabilities | 180,221 | 127,267 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | 29,167 | 54,167 |
| provisions | 5,517 | 5,921 |
| total long term liabilities | 34,684 | 60,088 |
| total liabilities | 214,905 | 187,355 |
| net assets | 14,028 | 3,888 |
| total shareholders funds | 14,028 | 3,888 |
| Mar 2011 | Mar 2010 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 11,139 | 13,105 |
| Amortisation | ||
| Tax | ||
| Stock | 48,147 | 35,619 |
| Debtors | 2,421 | 68,102 |
| Creditors | 52,954 | 127,267 |
| Accruals and Deferred Income | ||
| Deferred Taxes & Provisions | -404 | 5,921 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | ||
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | ||
| Other Short Term Loans | ||
| Long term loans | ||
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | -25,000 | 54,167 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | -1,739 | 13,262 |
| overdraft | ||
| change in cash | -1,739 | 13,262 |
tea limited Credit Report and Business Information
Tea Limited Competitor Analysis
Perform a competitor analysis for tea limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in EC4M area or any other competitors across 12 key performance metrics.
tea limited Ownership
TEA LIMITED group structure
Tea Limited has no subsidiary companies.
Ultimate parent company
TEA LIMITED
05329931
tea limited directors
Tea Limited currently has 1 director, Mr Daren Spence serving since Jan 2005.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daren Spence | England | 50 years | Jan 2005 | - | Director |
P&L
March 2011turnover
803.3k
+22%
operating profit
12.6k
0%
gross margin
21.1%
-1.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2011net assets
14k
+2.61%
total assets
228.9k
+0.2%
cash
11.5k
-0.13%
net assets
Total assets minus all liabilities
Similar Companies
tea limited company details
company number
05329931
Type
Private limited with Share Capital
industry
47250 - Retail sale of beverages in specialised stores
incorporation date
January 2005
age
20
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
March 2011
previous names
N/A
accountant
-
auditor
-
address
tea limited, 1 paternoster square, london, EC4M 7DX
Bank
-
Legal Advisor
-
tea limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 3 charges/mortgages relating to tea limited. Currently there are 2 open charges and 1 have been satisfied in the past.
tea limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for TEA LIMITED. This can take several minutes, an email will notify you when this has completed.
tea limited Companies House Filings - See Documents
| date | description | view/download |
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