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Tea @ 18 Ltd

13569759

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

7 Park Farm, Thorney, Peterborough, PE6 0SY
Incorporated 17/08/2021

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 16/08/2025

Due 30/08/2026

On track

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Michael Harold Speed Sly

director · Since 17/08/2021

FARMER

BRITISH · ENGLAND · Age 57

Also on 12 other boards

Mr David Jerome Bartlett

secretary · Since 23/08/2022

Michael Harold Speed Sly

director · Since 17/08/2021

British · England · Age 57

David Jerome Bartlett

secretary · Since 23/08/2022

Former

David John Moore

director · Resigned 23/08/2022

David Heron

director · Resigned 31/03/2023

Persons with Significant Control

Mr Michael Harold Speed Sly

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

British · England · Age 57

7 Park Farm, Sandpit Road, Peterborough, PE6 0SY

Notified 17/08/2021

Change History

statusactive
2026-06-07

Active

typeltd
2026-06-07

Private Limited Company

address line17 Park Farm
2026-06-07

7 PARK FARM

post townPeterborough
2026-06-07

PETERBOROUGH

officer appointedBARTLETT, David Jerome
2026-06-07
officer appointedSLY, Michael Harold Speed
2026-06-07

CompanyRankvs 191750+ SIC 56102 peers
35

Financial strength4th percentile among SIC peers · 1/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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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.

Employees12/15 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.

Longevity5/15 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 31/08/2024

Net Worth

-£128k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£134k

Working capital

Current Assets

£9k

Current Liabilities

£144k

Fixed Assets

£8k

8avg. employees

Balance Sheet

Assets less current liabilities-£127k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.06-£41k
20230.10-£43k
20220.12

Derived from filed accounts. Not audited figures.