[citation needed] In 1863, William Sumner published A Popular Treatise on Tea as a by-product of the first trade missions to China from London.

Record high material costs and adverse currency movements saw Typhoo Tea's profits plummet to a £20m loss in the year ending 31 March 2018.

In 2020 Typhoo Tea reported mounting losses in a "watershed" year for the business, raising doubts about the brand’s ability to continue trading.

The accounts warned that an inability to refinance or extend its financing agreements "represents a material uncertainty which may cast significant doubt over the company’s ability to continue as a going concern".

Furthermore, the accounts stated there remained a "high level of uncertainty" as to the impact of the coronavirus outbreak, despite reporting an upward trend in supermarket sales under lockdown.

Typhoo blamed its poor performance on the decision to continue to pursue an "aggressive" sales growth strategy focused on boosting its own-label business.

This hampered the firm's ability to fulfil tea orders and accelerated the final migration from the site and sale, which took place in June 2024 for the reduced price of £4.3m as a result of damage from the trespass.