Buona Vita Ltd

Buona Vita Ltd from Mitcham UK is a small, active company founded four years ago, in September 2020. It’s a solo-founded operation with one director and one owner, registered at a real address. The company operates in the retail sale via mail order houses or via internet industries.

While small – meeting two of three conditions for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) – Buona Vita Ltd appears to be focused on online retail. The company’s website, though currently unavailable, likely facilitates the sale of goods directly to consumers. The fact that it's a solo founder business suggests a streamlined operation, with a single person handling most aspects of the business.

Financially, Buona Vita Ltd’s recent accounts show some concerning trends. Net assets decreased significantly, dropping from -£1400 to -£1100, and cash bank on hand increased slightly from £870 to £1000. Creditors increased by 43%, reaching £4800, and loans from directors increased by 57%, reaching £3800. Property, plant, and equipment increased by 140%, reaching £2600. While the company’s small size allows for agility, the increase in debt and decrease in equity suggests it may be burning through cash. The lack of employees (zero reported) points to a lean operation, but it also raises questions about the company’s ability to scale. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited director-reported data.

Overall, Buona Vita Ltd is a small, online retail business facing financial challenges. Whether it can turn things around will depend on its ability to manage debt and generate sustainable profits.

Registered in England/Wales under the registration number 12890368, with a registered address at CR4 2DE, England, Mitcham, 27 St. James Road.

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