Abitalia Ltd

Abitalia Ltd, based in Cheltenham, UK, is a small, family-run business with an active status. Founded nineteen years ago in 2006, the company employs four people and holds £172,059 in assets. It has a real registered address and is managed by two directors and two owners. The firm regularly imports furniture, lighting, and prefabricated buildings—a total of 39 months of import activity, with the latest operation in November 2024—and boasts a perfect 5.0 Google rating based on three reviews.

The company’s core business involves the retail sale of carpets, rugs, wall and floor coverings in specialised stores, and the retail of furniture, lighting, and similar items. It also operates in the retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store industries. It's a small company, meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 25 employees.

Financially, Abitalia Ltd shows a mixed picture. Current assets have decreased by 39% to £170,000, while net assets have fallen 15% to £160,000. Cash bank on hand has plummeted 74% to just £32,000—a significant drop. Creditors decreased by 86%, suggesting better debt management. Trade debtors have completely vanished, dropping 100% to zero. The lack of an auditor is expected, given its small size and exemption status.

While the company appears to be holding steady with a good Google rating, the sharp decline in cash reserves and trade debtors raises concerns. It's a family business navigating the challenges of the retail sector, and whether it can maintain its current trajectory remains to be seen.

Registered in England/Wales under the registration number 05810812, with a registered address at GL51 8NJ, Cheltenham, Gloucestershire, 237 Gloucester Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.