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Royaltea Ltd

05654050

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

113 BARKBY ROAD, LEICESTER, LE4 9LG
Incorporated 14/12/2005

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 23/06/2025

Due 07/07/2026

On track

Industry

10831
Tea processing
46370
Wholesale of coffee, tea, cocoa and spices

Officers

Mr Prakash Mohanlal Pandit

director · Since 14/12/2005

SELF EMPLOYED

BRITISH · ENGLAND · Age 70

Also on 5 other boards

Mr Dharmesh Prakash Pandit

director · Since 01/04/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 7 other boards

Persons with Significant Control

Mr Prakash Mohanlal Pandit

25–50% shares
25–50% votes

British · England · Age 70

113, Barkby Road, Leicester, LE4 9LG

Notified 06/04/2016

Mr Dharmesh Prakash Pandit

25–50% shares
25–50% votes

British · England · Age 45

113 Barkby Road, Leicester, LE4 9LG

Notified 01/04/2022

Former PSCs

Bhavna Pandit

Ceased 01/04/2022

Charges3 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 30/08/2024Registered 02/09/2024
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 17/05/2019Registered 21/05/2019
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 17/04/2019Registered 27/04/2019

CompanyRankvs 15+ SIC 10831 peers
79

Financial strength99th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.94× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£6.2M

Balance sheet strength

Cash

£2.6M

Cash in the bank

Net Current Assets

£5.9M

Working capital

Current Assets

£6.9M

Current Liabilities

£997k

Fixed Assets

£326k

Debtors

£3.6M

21avg. employees

Tax at Year End(2021)

Corp tax£35k
VAT£6k
Prepared with v2025.83.1 limited_company_frs_102_section_1a_v1_1_3 companies_house

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20256.94+£1.8M
20246.52+£1.2M
20237.68+£806k
20225.71+£751k
20214.29+£516k£126k
20202.71+£502k
20192.83

Derived from filed accounts. Not audited figures.