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Happy Tea Ltd

12357607

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

SIX WAYS BUSINESS CENTRE, BIRMINGHAM, B19 2HN
Incorporated 10/12/2019

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/02/2026

Due 19/02/2027

On track

Industry

56102
Unlicensed restaurants and cafes
56103
Take-away food shops and mobile food stands

Officers

Mr Chia Loon Ng

director · Since 10/12/2019

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Persons with Significant Control

Former PSCs

Mr Chia Loon Ng

Ceased 05/02/2025

Mr John Bao Guo Xue

Ceased 07/05/2020

Mr Jack Elliot Lam

Ceased 31/01/2025

Tea Investment Ltd

Ceased 05/02/2025

CompanyRankvs 1991+ SIC 56102 peers
72

Financial strength69th percentile among SIC peers · 17/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.03× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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1991Happy Tea Ltd
71
How is this score calculated?
Financial strength17/25 pts

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

Employees13/15 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.

Longevity7/15 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

£7k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£22k

Current Liabilities

£11k

Fixed Assets

£12k

Debtors

£7k

10avg. employees

Balance Sheet

Assets less current liabilities£23k

EstimatesDerived

YearCurrent RatioImplied Profit
20242.03+£18k
20231.03+£23k
20220.59+£16k
20210.46-£45k
20202.15—

Derived from filed accounts. Not audited figures.