rare tea company limited

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rare tea company limited Company Information

Share RARE TEA COMPANY LIMITED
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Company Number

SC269185

Registered Address

5 atholl crescent, edinburgh, midlothian, EH3 8EJ

Industry

Other food service activities

 

Telephone

-

Next Accounts Due

March 2024

Group Structure

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Directors

Henrietta Lovell19 Years

Christopher Diemer6 Years

Shareholders

miss henrietta lovell 95%

charles porter 5%

rare tea company limited Estimated Valuation

£691.8k

Pomanda estimates the enterprise value of RARE TEA COMPANY LIMITED at £691.8k based on a Turnover of £1.5m and 0.45x industry multiple (adjusted for size and gross margin).

rare tea company limited Estimated Valuation

£561.8k

Pomanda estimates the enterprise value of RARE TEA COMPANY LIMITED at £561.8k based on an EBITDA of £119.9k and a 4.69x industry multiple (adjusted for size and gross margin).

rare tea company limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of RARE TEA COMPANY LIMITED at £1.8m based on Net Assets of £673.3k and 2.62x industry multiple (adjusted for liquidity).

Valuation Calculator
This valuation is estimated based on financial data from June 2022 

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Rare Tea Company Limited Overview

Rare Tea Company Limited is a live company located in midlothian, EH3 8EJ with a Companies House number of SC269185. It operates in the other food services sector, SIC Code 56290. Founded in June 2004, it's largest shareholder is miss henrietta lovell with a 95% stake. Rare Tea Company Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with declining growth in recent years.

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Rare Tea Company Limited Health Check

Pomanda's financial health check has awarded Rare Tea Company Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £1.5m, make it in line with the average company (£1.3m)

£1.5m - Rare Tea Company Limited

£1.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (2.2%)

-6% - Rare Tea Company Limited

2.2% - Industry AVG

production

Production

with a gross margin of 26.7%, this company has a comparable cost of product (26.7%)

26.7% - Rare Tea Company Limited

26.7% - Industry AVG

profitability

Profitability

an operating margin of 7.6% make it more profitable than the average company (2.8%)

7.6% - Rare Tea Company Limited

2.8% - Industry AVG

employees

Employees

with 10 employees, this is below the industry average (15)

10 - Rare Tea Company Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £20.5k, the company has an equivalent pay structure (£20.5k)

£20.5k - Rare Tea Company Limited

£20.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £154.7k, this is more efficient (£64.6k)

£154.7k - Rare Tea Company Limited

£64.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 24 days, this is earlier than average (35 days)

24 days - Rare Tea Company Limited

35 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 7 days, this is quicker than average (36 days)

7 days - Rare Tea Company Limited

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 127 days, this is more than average (16 days)

127 days - Rare Tea Company Limited

16 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 87 weeks, this is more cash available to meet short term requirements (22 weeks)

87 weeks - Rare Tea Company Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 16.7%, this is a lower level of debt than the average (69.6%)

16.7% - Rare Tea Company Limited

69.6% - Industry AVG

rare tea company limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Rare Tea Company Limited Competitor Analysis

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rare tea company limited Ownership

RARE TEA COMPANY LIMITED group structure

Rare Tea Company Limited has no subsidiary companies.

Ultimate parent company

RARE TEA COMPANY LIMITED

SC269185

RARE TEA COMPANY LIMITED Shareholders

miss henrietta lovell 95%
charles porter 5%

rare tea company limited directors

Rare Tea Company Limited currently has 2 directors. The longest serving directors include Ms Henrietta Lovell (Jun 2004) and Mr Christopher Diemer (Mar 2018).

officercountryagestartendrole
Ms Henrietta LovellUnited Kingdom53 years Jun 2004- Director
Mr Christopher DiemerEngland54 years Mar 2018- Director

RARE TEA COMPANY LIMITED financials

EXPORTms excel logo

Rare Tea Company Limited's latest turnover from June 2022 is estimated at £1.5 million and the company has net assets of £673.3 thousand. According to their latest financial statements, Rare Tea Company Limited has 10 employees and maintains cash reserves of £225.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover1,547,1551,300,5621,691,8431,849,1741,646,1631,402,7431,432,8601,815,5551,605,0521,126,870735,603814,491624,526
Other Income Or Grants0000000000000
Cost Of Sales1,133,769977,8121,237,6641,370,8651,188,8111,000,3091,038,3591,373,7471,152,310814,725512,847562,915421,687
Gross Profit413,386322,751454,180478,310457,352402,434394,501441,808452,742312,145222,756251,575202,839
Admin Expenses296,456394,782412,696400,986432,755305,132319,630328,921353,921192,502135,052183,921180,202
Operating Profit116,930-72,03141,48477,32424,59797,30274,871112,88798,821119,64387,70467,65422,637
Interest Payable81,5321,5256171,2072,1821,657000000
Interest Receivable3,4813543141,5198734679441,0371,064805529403149
Pre-Tax Profit120,404-73,20940,27378,22524,26395,58674,158113,92499,885120,44888,23368,05722,786
Tax-22,8770-7,652-14,863-4,610-18,161-14,831-22,785-20,976-27,703-21,176-17,695-6,380
Profit After Tax97,527-73,20932,62163,36219,65377,42559,32691,13978,90992,74567,05750,36216,406
Dividends Paid0000000000000
Retained Profit97,527-73,20932,62163,36219,65377,42559,32691,13978,90992,74567,05750,36216,406
Employee Costs204,914199,090233,216238,182609,853218,603221,895544,411434,583313,689193,581224,368179,479
Number Of Employees1010121230101024211510118
EBITDA*119,888-68,96452,96390,02838,230111,01781,549117,118101,351120,89788,39968,06022,905

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets2,5391256851,90423,64735,64531,1718,0155,1392,5471,918820549
Intangible Assets5,0022,7805,28711,2982,89500000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets7,5412,9055,97213,20226,54235,64531,1718,0155,1392,5471,918820549
Stock & work in progress397,034269,537325,404298,420323,992298,086248,378213,308161,246100,95394,967102,82381,462
Trade Debtors105,27427,70519,091130,842112,05791,049118,424133,802140,36186,08352,02441,89228,110
Group Debtors0000000000000
Misc Debtors73,39728,45134,78413,58325,6469,81927,415000000
Cash225,391331,641375,395252,299152,635196,600176,863200,733213,938211,642110,226101,51959,653
misc current assets0000000000000
total current assets801,096657,334754,674695,144614,330595,554571,080547,843515,545398,678257,217246,234169,225
total assets808,637660,239760,646708,346640,872631,199602,251555,858520,684401,225259,135247,054169,774
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 21,95333,52714,04721,65313,26726,83528,915146,183166,023125,94669,150117,89586,871
Group/Directors Accounts00000000000026,491
other short term finances32180018,29418,83440,477000000
hp & lease commitments0000000000000
other current liabilities111,90650,12646,44067,78151,54345,36960,146000000
total current liabilities133,86283,87160,48789,43483,10491,038129,538146,183166,023125,94669,150117,895113,362
loans0050,00000010,515000000
hp & lease commitments0000000000000
Accruals and Deferred Income0000000000000
other liabilities000000011,43448,1348,19515,76022,3750
provisions1,4325521,1342,5084,7266,7726,2341,6031,02849838400
total long term liabilities1,43255251,1342,5084,7266,77216,74913,03749,1628,69316,14422,3750
total liabilities135,29484,423111,62191,94287,83097,810146,287159,220215,185134,63985,294140,270113,362
net assets673,343575,816649,025616,404553,042533,389455,964396,638305,499266,586173,841106,78456,412
total shareholders funds673,343575,816649,025616,404553,042533,389455,964396,638305,499266,586173,841106,78456,412
Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit116,930-72,03141,48477,32424,59797,30274,871112,88798,821119,64387,70467,65422,637
Depreciation6805601,2181,49313,63313,7156,6784,2312,5301,254695406268
Amortisation2,2782,50710,26111,211000000000
Tax-22,8770-7,652-14,863-4,610-18,161-14,831-22,785-20,976-27,703-21,176-17,695-6,380
Stock127,497-55,86726,984-25,57225,90649,70835,07052,06260,2935,986-7,85621,36181,462
Debtors122,5152,281-90,5506,72236,835-44,97112,037-6,55954,27834,05910,13213,78228,110
Creditors-11,57419,480-7,6068,386-13,568-2,080-117,268-19,84040,07756,796-48,74531,02486,871
Accruals and Deferred Income61,7803,686-21,34116,2386,174-14,77760,146000000
Deferred Taxes & Provisions880-582-1,374-2,218-2,0465384,63157553011438400
Cash flow from operations-101,9157,20678,556116,421-38,56171,800-32,88029,5656,411110,05916,58646,246-6,176
Investing Activities
capital expenditure-7,5940-4,249636-4,530-18,189-29,834-7,107-5,122-1,883-1,793-677-817
Change in Investments0000000000000
cash flow from investments-7,5940-4,249636-4,530-18,189-29,834-7,107-5,122-1,883-1,793-677-817
Financing Activities
Bank loans0000000000000
Group/Directors Accounts00000000000-26,49126,491
Other Short Term Loans -2152180-18,294-540-21,64340,477000000
Long term loans0-50,00050,00000-10,51510,515000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities000000-11,434-36,70039,939-7,565-6,61522,3750
share issue00000000-39,996001040,006
interest3,473-1,178-1,211902-334-1,715-7131,0371,064805529403149
cash flow from financing3,258-50,96048,789-17,392-874-33,87338,845-35,6631,007-6,760-6,086-3,70366,646
cash and cash equivalents
cash-106,250-43,754123,09699,664-43,96519,737-23,870-13,2052,296101,4168,70741,86659,653
overdraft0000000000000
change in cash-106,250-43,754123,09699,664-43,96519,737-23,870-13,2052,296101,4168,70741,86659,653

P&L

June 2022

turnover

1.5m

+19%

operating profit

116.9k

0%

gross margin

26.8%

+7.67%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2022

net assets

673.3k

+0.17%

total assets

808.6k

+0.22%

cash

225.4k

-0.32%

net assets

Total assets minus all liabilities

rare tea company limited company details

company number

SC269185

Type

Private limited with Share Capital

industry

56290 - Other food service activities

incorporation date

June 2004

age

20

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

UK

address

5 atholl crescent, edinburgh, midlothian, EH3 8EJ

last accounts submitted

June 2022

rare tea company 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 1 charges/mortgages relating to rare tea company limited. Currently there are 1 open charges and 0 have been satisfied in the past.

charges

rare tea company limited Companies House Filings - See Documents

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