Arighi Bianchi & Co.limited

Arighi Bianchi & Co. Ltd, a long-standing business based in Cheshire, UK, is a large company with a holding structure, currently active after 124 years in operation. Employing 145 people and holding assets valued at £5,541,671, the company boasts a real address and is managed by four directors and one owner. Its e-commerce site enjoys a stellar 5.0 Google rating from 1,103 reviews, and it regularly imports furniture, lighting, and prefabricated buildings—a trend spanning 73 months, with the last import occurring in July 2023.

The company operates within the other retail sale in non-specialised stores industries, and is considered large, having met two of three conditions: turnover exceeding £36 million, a balance sheet total surpassing £18 million, and an average employee count above 250. It’s a holding company, and the company is currently active.

A closer look at the financials reveals some concerning trends. Accrued liabilities and deferred income decreased by 40%, while bank borrowings skyrocketed by 520%, reaching £750,000. Cash bank on hand dropped by 63%, and net assets fell by 20%. While administrative expenses decreased by 9%, and staff costs were down 11%, these reductions haven’t translated into overall profitability; comprehensive income expense went from 55,000 to -290,000. The company’s reliance on bank borrowings suggests it might be burning through cash, though the decrease in administrative expenses could be a positive sign of efficiency gains.

Despite these financial pressures, Arighi Bianchi & Co. Ltd maintains a strong online presence and a reputation for quality, as evidenced by its high Google rating. The company’s long history and established brand could help it weather these challenges, but careful financial management will be crucial for its future success. The company’s auditor is Sage & Company Business Advisors Limited.

Registered in England/Wales under the registration number 00066706, with a registered address at SK10 1LH, Cheshire, The Silk Road, Macclesfield.

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