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Tea Thyme Limited

12390074

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
50 / 100

Notable Risks

0/30
Filing
10/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

Lynnem House, 1 Victoria Way, Burgess Hill, RH15 9NF
Incorporated 07/01/2020

Compliance

Last accounts

31/01/2023

total exemption full

Next accounts due

31/10/2024

Overdue

Confirmation statement

Last: 06/01/2024

Due 20/01/2025

Overdue

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr David James

director · Since 30/01/2020

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

David James

director · Since 30/01/2020

British · England · Age 61

Former

Pietro Wasyliw

director · Resigned 05/02/2022

Persons with Significant Control

Mr Pietro Wasyliw

50–75% shares
50–75% votes

British · England · Age 63

Lynnem House, 1 Victoria Way, Burgess Hill, RH15 9NF

Notified 07/01/2020

Mr David James

25–50% shares
25–50% votes

British · England · Age 61

Lynnem House, 1 Victoria Way, Burgess Hill, RH15 9NF

Notified 30/01/2020

Change History

statusactive
2026-06-13

Active - Proposal to Strike off

typeltd
2026-06-13

Private Limited Company

address line1Lynnem House
2026-06-13

LYNNEM HOUSE

post townBurgess Hill
2026-06-13

BURGESS HILL

officer appointedJAMES, David
2026-06-13

CompanyRankvs 16287+ SIC 56102 peers
23

Financial strength4th percentile among SIC peers · 1/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAccounts and CS overdue · 0/15
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How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 pts

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

Longevity6/15 pts

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

Filing compliance0/15 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 31/01/2023

Net Worth

-£99k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£96k

Working capital

Current Assets

£11k

Current Liabilities

£108k

Fixed Assets

£33k

Debtors

£594

15avg. employees-2

Balance Sheet

Assets less current liabilities-£63k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.10-£28k
20220.11-£18k
20210.26

Derived from filed accounts. Not audited figures.