Economy Tea Company Limited
00291967
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 30/06/2025
Due 14/07/2026
Industry
Officers
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
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 peers57
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.03 | -£48 |
| 2023 | 1.04 | -£128 |
| 2021 | 1.04 | -£54 |
| 2020 | 1.04 | -£1k |
| 2019 | 1.08 | -£5k |
| 2018 | 0.93 | +£4k |
| 2017 | 0.97 | — |
Derived from filed accounts. Not audited figures.