Fratelli Polli Limited

Fratelli Polli Limited, based in Leeds, UK, is a small, active company established seven years ago in 17 April 2018. With three employees and £5,715,811 in assets, it operates from a real address at 5 Carrwood Park. The company is run by three directors, although there are no registered owners. It’s a regular importer of prepared or preserved plant-based foods, with 16 months of import activity recorded, and has recently begun exporting the same products, with three months of export activity.

The company’s website showcases a brand called Polli, positioning itself as an "Italian brand making history." The site focuses on antipasti, pesto, and condiments, emphasizing authentic tastes and bringing people together. It highlights a commitment to sustainability, featuring certified supply chains for basil and pepper, and even offers recipes and meal inspiration. The website also promotes a separate division specializing in piano restoration, operating from Cambridge and even boasting a showroom in Harrods—a surprising diversification from the core food business.

Financially, Fratelli Polli Limited presents a mixed picture. Cash bank on hand increased by a substantial 31% to £2.6 million, indicating improved liquidity. However, creditors have more than doubled, rising 92% to £5.3 million, which could signal increased reliance on borrowing. Current assets have also seen a significant jump, up 94% to £5.7 million, while debtors have ballooned by 220% to £3.1 million, which may be a sign of delayed payments. Equity has increased by 110% to £450,000, a positive sign of retained earnings. The company meets the criteria for a small business, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no mention of an auditor, likely due to the small company exemption. The accounts are unaudited, relying on director-reported data.

Overall, Fratelli Polli Limited appears to be growing, with increased assets and cash reserves. However, the rise in creditors and debtors suggests a need for careful financial management. The diversification into piano restoration adds an intriguing layer to the business, but whether it will contribute to long-term success remains to be seen.

Registered in England/Wales under the registration number 11287216, with a registered address at LS15 4LG, United Kingdom, Leeds, West Yorkshire, 5 Carrwood Park.

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