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Economy Tea Company Limited

00291967

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

3 SOUTHERN HOUSE, ROCHESTER, ME2 4DN
Incorporated 10/09/1934

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/06/2025

Due 14/07/2026

On track

Industry

46390
Non-specialised wholesale of food, beverages and tobacco

Officers

Mr Nigel William Miller

director · Since 07/12/1994

TEA & COFFEE MERCHANT

BRITISH · ENGLAND · Age 60

Also on 10 other boards

Persons with Significant Control

Mr Nigel William Miller

Significant control

British · England · Age 60

3, Southern House, Rochester, ME2 4DN

Notified 31/10/2017

Former PSCs

Mr Frederick Colbourne Miller (Junior)

Ceased 31/10/2017

CompanyRankvs 1260+ SIC 46390 peers
57

Financial strength49th percentile among SIC peers · 12/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£1k

Balance sheet strength

Cash

£878

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£35k

Current Liabilities

£34k

Fixed Assets

£1

Debtors

£34k

0avg. employees-1

Tax at Year End

Corp tax£2k

Balance Sheet

Assets less current liabilities£1k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.03-£48
20231.04-£128
20211.04-£54
20201.04-£1k
20191.08-£5k
20180.93+£4k
20170.97

Derived from filed accounts. Not audited figures.