ethical tea partnership
ethical tea partnership Company Information
Company Number
07014678
Registered Address
the green house, 244-254 cambridge heath road, london, E2 9DA
Industry
Other business support service activities n.e.c.
Telephone
02034887665
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
-0%
ethical tea partnership Estimated Valuation
Pomanda estimates the enterprise value of ETHICAL TEA PARTNERSHIP at £282.4k based on a Turnover of £1.9m and 0.15x industry multiple (adjusted for size and gross margin).
ethical tea partnership Estimated Valuation
Pomanda estimates the enterprise value of ETHICAL TEA PARTNERSHIP at £0 based on an EBITDA of £-648.6k and a 1.13x industry multiple (adjusted for size and gross margin).
ethical tea partnership Estimated Valuation
Pomanda estimates the enterprise value of ETHICAL TEA PARTNERSHIP at £4.5m based on Net Assets of £1.7m and 2.57x industry multiple (adjusted for liquidity).
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Ethical Tea Partnership Overview
Ethical Tea Partnership is a live company located in london, E2 9DA with a Companies House number of 07014678. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 2009, it's largest shareholder is unknown. Ethical Tea Partnership is a established, small sized company, Pomanda has estimated its turnover at £1.9m with declining growth in recent years.
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Ethical Tea Partnership Health Check
Pomanda's financial health check has awarded Ethical Tea Partnership a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £1.9m, make it smaller than the average company (£4.4m)
£1.9m - Ethical Tea Partnership
£4.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (6.3%)
-1% - Ethical Tea Partnership
6.3% - Industry AVG
Production
with a gross margin of -18.2%, this company has a higher cost of product (37.6%)
-18.2% - Ethical Tea Partnership
37.6% - Industry AVG
Profitability
an operating margin of -35.2% make it less profitable than the average company (5.7%)
-35.2% - Ethical Tea Partnership
5.7% - Industry AVG
Employees
with 23 employees, this is similar to the industry average (26)
23 - Ethical Tea Partnership
26 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£51.9k)
- Ethical Tea Partnership
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £82.9k, this is less efficient (£165k)
£82.9k - Ethical Tea Partnership
£165k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (40 days)
87 days - Ethical Tea Partnership
40 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is close to average (31 days)
30 days - Ethical Tea Partnership
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ethical Tea Partnership
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 81 weeks, this is more cash available to meet short term requirements (24 weeks)
81 weeks - Ethical Tea Partnership
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.8%, this is a lower level of debt than the average (61.7%)
43.8% - Ethical Tea Partnership
61.7% - Industry AVG
ETHICAL TEA PARTNERSHIP financials
Ethical Tea Partnership's latest turnover from December 2023 is £1.9 million and the company has net assets of £1.7 million. According to their latest financial statements, Ethical Tea Partnership has 23 employees and maintains cash reserves of £2.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,906,293 | 2,550,908 | 2,363,369 | 1,946,703 | 1,899,464 | 2,042,076 | 1,656,919 | 1,216,084 | 1,168,931 | 1,063,112 | 1,009,188 | 1,071,603 | ||
| Other Income Or Grants | 0 | 19,745 | 55,795 | 22,746 | 54,087 | 0 | ||||||||
| Cost Of Sales | 2,252,899 | 2,097,048 | 1,414,540 | 1,995,775 | 2,153,151 | 1,623,996 | ||||||||
| Gross Profit | -346,606 | 473,605 | 1,004,624 | -26,326 | -199,600 | 418,080 | ||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 351,295 | 62,877 | 57,630 | 29,920 | -42,686 | 33,069 | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Interest Receivable | 0 | 0 | 1,370 | 6,526 | 0 | 2,899 | 716 | 1,352 | 0 | 227 | 105 | 279 | ||
| Pre-Tax Profit | -565,227 | 169,255 | 1,013,961 | -19,800 | -193,552 | 420,979 | 352,011 | 64,229 | 53,308 | 30,147 | 14,970 | 72,928 | ||
| Tax | -2,240 | -266 | -260 | -1,240 | -1,149 | -408 | -181 | -271 | -6,566 | 0 | -2,422 | -13,367 | ||
| Profit After Tax | -567,467 | 168,989 | 1,013,701 | -21,040 | -194,701 | 420,571 | 351,830 | 63,958 | 46,742 | 30,147 | 12,548 | 59,561 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | -567,467 | 168,989 | 1,013,701 | -21,040 | -194,701 | 420,571 | 351,830 | 63,958 | 46,742 | 30,147 | 12,548 | 59,561 | ||
| Employee Costs | ||||||||||||||
| Number Of Employees | 23 | 15 | 14 | 15 | 13 | 11 | 12 | 9 | ||||||
| EBITDA* | 356,993 | 67,049 | 61,263 | 34,479 | -37,754 | 33,069 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 50,845 | 48,808 | 21,226 | 30,729 | 24,445 | 25,197 | 11,243 | 12,240 | 10,040 | 13,673 | 14,796 | 15,785 | 17,426 | 11,598 |
| Intangible Assets | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,255 | 0 |
| Total Fixed Assets | 50,846 | 48,809 | 21,227 | 30,730 | 24,446 | 25,198 | 11,244 | 12,241 | 10,041 | 13,674 | 14,797 | 15,786 | 26,682 | 11,599 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 455,299 | 735,941 | 288,645 | 370,143 | 265,277 | 455,409 | 41,032 | 318,401 | 134,747 | 165,338 | 289,370 | 302,375 | 0 | 8,815 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 477,542 | 160,018 | 53,076 | 442,596 | 158,017 | 85,980 | 80,903 | 168,320 | 194,406 | 115,484 | 326,523 | 0 | 0 | 37,531 |
| Cash | 2,125,852 | 2,003,405 | 2,975,354 | 1,982,757 | 1,650,185 | 1,442,302 | 1,295,564 | 766,837 | 935,123 | 625,057 | 347,288 | 243,885 | 503,262 | 326,078 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27,963 | 39,495 | 0 |
| total current assets | 3,058,693 | 2,899,364 | 3,317,075 | 2,795,496 | 2,073,479 | 1,983,691 | 1,417,499 | 1,253,558 | 1,264,276 | 905,879 | 963,181 | 574,223 | 542,757 | 372,424 |
| total assets | 3,109,539 | 2,948,173 | 3,338,302 | 2,826,226 | 2,097,925 | 2,008,889 | 1,428,743 | 1,265,799 | 1,274,317 | 919,553 | 977,978 | 590,009 | 569,439 | 384,023 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 187,036 | 88,338 | 69,064 | 208,411 | 71,758 | 62,212 | 50,578 | 64,536 | 68,210 | 32,158 | 0 | 93,273 | 225,857 | 25,667 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 2,654 | 465 | 2,104 | 8,138 | 8,183 | 3,363 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,174,980 | 544,845 | 1,360,815 | 1,725,282 | 1,110,955 | 830,730 | 682,744 | 862,492 | 934,658 | 662,688 | 783,418 | 0 | 0 | 298,795 |
| total current liabilities | 1,362,016 | 633,183 | 1,432,533 | 1,934,158 | 1,184,817 | 901,080 | 741,505 | 930,391 | 1,002,868 | 694,846 | 783,418 | 93,273 | 225,857 | 324,462 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 310,874 | 219,461 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 310,874 | 219,461 | 0 |
| total liabilities | 1,362,016 | 633,183 | 1,432,533 | 1,934,158 | 1,184,817 | 901,080 | 741,505 | 930,391 | 1,002,868 | 694,846 | 783,418 | 404,147 | 445,318 | 324,462 |
| net assets | 1,747,523 | 2,314,990 | 1,905,769 | 892,068 | 913,108 | 1,107,809 | 687,238 | 335,408 | 271,449 | 224,707 | 194,560 | 185,862 | 124,121 | 59,561 |
| total shareholders funds | 1,747,523 | 2,314,990 | 1,905,769 | 892,068 | 913,108 | 1,107,809 | 687,238 | 335,408 | 271,449 | 224,707 | 194,560 | 185,862 | 124,121 | 59,561 |
| Dec 2023 | Dec 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 351,295 | 62,877 | 57,630 | 29,920 | -42,686 | 33,069 | ||||||||
| Depreciation | 22,141 | 19,704 | 12,453 | 11,654 | 7,790 | 6,236 | 5,698 | 4,172 | 3,633 | 4,559 | 4,932 | 5,262 | 9,674 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -2,240 | -266 | -260 | -1,240 | -1,149 | -408 | -181 | -271 | -6,566 | 0 | -2,422 | -13,367 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 36,882 | 554,238 | -471,018 | 389,445 | -118,095 | 419,454 | -364,786 | 157,568 | 48,331 | -335,071 | 313,518 | 293,120 | -37,091 | 46,346 |
| Creditors | 98,698 | 19,274 | -139,347 | 136,653 | 9,546 | 11,634 | -13,958 | -3,674 | 36,052 | 32,158 | -93,273 | -132,584 | 200,190 | 25,667 |
| Accruals and Deferred Income | 630,135 | -815,970 | -364,467 | 614,327 | 280,225 | 147,986 | -179,748 | -72,166 | 271,970 | -120,730 | 472,544 | 91,413 | -79,334 | 298,795 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 527,892 | -166,630 | 314,388 | 280,978 | 25,577 | |||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -2,654 | 2,189 | -1,639 | -6,034 | -45 | 4,820 | 3,363 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 1,370 | 6,526 | 0 | 2,899 | 716 | 1,352 | 0 | 227 | 105 | 279 | ||
| cash flow from financing | 0 | 237,578 | 3,559 | 4,887 | -6,034 | 2,854 | 5,536 | 4,716 | 0 | 227 | -3,745 | 279 | ||
| cash and cash equivalents | ||||||||||||||
| cash | 122,447 | -971,949 | 992,597 | 332,572 | 207,883 | 146,738 | 528,727 | -168,286 | 310,066 | 277,769 | 103,403 | -259,377 | 177,184 | 326,078 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 122,447 | -971,949 | 992,597 | 332,572 | 207,883 | 146,738 | 528,727 | -168,286 | 310,066 | 277,769 | 103,403 | -259,377 | 177,184 | 326,078 |
ethical tea partnership Credit Report and Business Information
Ethical Tea Partnership Competitor Analysis
Perform a competitor analysis for ethical tea partnership by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in E 2 area or any other competitors across 12 key performance metrics.
ethical tea partnership Ownership
ETHICAL TEA PARTNERSHIP group structure
Ethical Tea Partnership has no subsidiary companies.
Ultimate parent company
ETHICAL TEA PARTNERSHIP
07014678
ethical tea partnership directors
Ethical Tea Partnership currently has 11 directors. The longest serving directors include Mr Rupert Byerley (Oct 2009) and Ms Annemarie Leniger (Oct 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rupert Byerley | United Kingdom | 59 years | Oct 2009 | - | Director |
| Ms Annemarie Leniger | Germany | 59 years | Oct 2012 | - | Director |
| Mr Viral Sheth | 48 years | Jan 2019 | - | Director | |
| Mr James Jobling | United Kingdom | 44 years | Apr 2019 | - | Director |
| Mr Todd Rubin | United States | 44 years | Apr 2019 | - | Director |
| Mr Sebastian Michaelis | England | 42 years | Oct 2019 | - | Director |
| Mr Keith Writer | England | 52 years | Jan 2020 | - | Director |
| Mr Zbigniew Lewicki | England | 52 years | Jan 2020 | - | Director |
| Ms Jennifer Costelloe | England | 49 years | Apr 2020 | - | Director |
| Mr Thomas Franks | 60 years | Mar 2023 | - | Director |
P&L
December 2023turnover
1.9m
-25%
operating profit
-670.7k
0%
gross margin
-18.1%
-197.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.7m
-0.25%
total assets
3.1m
+0.05%
cash
2.1m
+0.06%
net assets
Total assets minus all liabilities
ethical tea partnership company details
company number
07014678
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
82990 - Other business support service activities n.e.c.
incorporation date
September 2009
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
RICHARD PLACE DOBSON
auditor
-
address
the green house, 244-254 cambridge heath road, london, E2 9DA
Bank
-
Legal Advisor
-
ethical tea partnership 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 did not find charges/mortgages relating to ethical tea partnership.
ethical tea partnership Companies House Filings - See Documents
| date | description | view/download |
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