Cantinetta London Limited

Cantinetta London Ltd from London UK: a small, active company founded four years ago, employs just one person, and holds £458,417 in assets. It operates from a virtual address, registered with 152 other companies at the same location, and is overseen by five directors and two owners. It boasts a stellar 5.0 Google rating based on 217 reviews and regularly imports machinery, boilers, and mechanical appliances; parts, with the most recent import activity occurring in February 2024.

The company operates in the licensed restaurant industries, and its website, while not providing detailed e-commerce functionality, showcases a focus on Italian cuisine and hospitality. It’s a small company, meeting two of three conditions for classification: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Cantinetta London Ltd has experienced some turbulence. Current assets have decreased by 16% to £460,000, while net assets have plummeted 98% to just £25,000. Bank borrowings have increased by a staggering 2,300%, reaching £220,000, and cash reserves have fallen 54% to £120,000. Creditors have also decreased by 8.5%, suggesting better debt management. The company’s small size helps it remain agile, but the sharp decline in equity raises concerns. With no auditor mentioned, the figures are unaudited.

The company's equity has seen a significant drop, potentially indicating increased borrowing or losses. The increase in bank borrowings and decrease in cash reserves suggest the company is burning through money. While the company's Google rating is excellent, its financial health appears precarious, and it is important to monitor its performance closely.

Registered in England/Wales under the registration number 13392718, with a registered address at EC2A 4DJ, England, London, 9 Bonhill Street.

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