Colombini Uk Limited

Colombini Uk Limited, based in Bristol, is a small, active company founded eleven years ago in 2013. With just two employees and £522,456 in assets, it operates from a virtual address shared by 160 other companies, a bit unusual. The business is run by a solo founder and one director, Emanuel Colombini. Colombini Uk Limited regularly imports furniture, lighting, and prefabricated buildings—five months of imports recorded, with the latest in July 2024—but exports irregularly, with just one month of activity in March 2024. The company’s website showcases the broader Colombini Group, a large Italian manufacturer of kitchen furniture and related products, emphasizing design, sustainability, and international presence.

The website highlights the group's brands, including Febal Casa, Colombini Group Contract, and Bontempi Casa, and details its participation in industry events like the Salone del Mobile.Milano. It also mentions the group's sponsorship of the San Marino Pavilion at Expo 2025 Osaka, showcasing its global reach and commitment to innovation. The site's focus is on high-end kitchen design and manufacturing, suggesting a strong emphasis on quality and aesthetics.

Financially, Colombini Uk Limited's recent performance reveals some concerning trends. Current assets have decreased by 2.7% to £520,000, while net assets have plummeted 17% to -£2.8 million. Bank borrowings have increased significantly, reaching £3.2 million, and cash reserves have fallen 55% to just £22,000. While trade debtors have decreased by 9.5%, the substantial equity decline and dwindling cash reserves raise questions about the company’s financial health. The average number of employees has also fallen by 50%, from two to one. The company is exempt from an audit, so the figures are unaudited.

Despite these challenges, the company’s position within the larger, well-established Colombini Group could provide stability and access to resources. However, the financial data suggests Colombini Uk Limited is burning through money, and it’s likely relying heavily on support from its parent company to stay afloat.

Registered in England/Wales under the registration number 08747944, with a registered address at BS1 6FL, United Kingdom, Bristol, C/O Bishop Fleming Llp, 10 Temple Back.

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