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Adagio Teas Operations Europe Limited

10654902

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

207 REGENT STREET, LONDON, W1B 3HH
Incorporated 06/03/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46370
Wholesale of coffee, tea, cocoa and spices
47910
Retail sale via mail order houses or via Internet

Officers

Mr Steponas Parulis

director · Since 06/03/2017

MANAGING DIRECTOR

LUXEMBOURGER · ENGLAND · Age 43

Persons with Significant Control

Adagio Teas, Inc

75–100% shares
75–100% votes
Appoint directors

170, Kipp Ave, Elmwood Park, 07407

Reg: 0100900337 · Department Of Treasury Division Of Revenue State Of New Jersey · Private Company Limited By Shares

Notified 06/03/2017

CompanyRankvs 834+ SIC 46370 peers
51

Financial strength1th percentile among SIC peers · 0/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 67.99× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees7/15 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.

Longevity9/15 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 31/03/2025

Net Worth

-£350k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£236k

Working capital

Current Assets

£236k

Current Liabilities

£3k

Fixed Assets

£521

1avg. employees

Balance Sheet

Assets less current liabilities£236k
Prepared with Sage Accounts Production Advanced 2025 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
202567.99-£624k
2024104.43-£9k
2023176.83+£79k
2022457.20+£58k
20210.58

Derived from filed accounts. Not audited figures.