Gelato Italia Wholesale Limited

Gelato Italia Wholesale Ltd from Southend-On-Sea UK: small company, holding company, active status, founded 18 years ago, 17 employees, £773,187 assets, real address, 4 directors, 1 owner, google rating 5.0 based on 15 reviews. Irregular importer of miscellaneous food products (2 months imported). It’s a small, family-run business with a solid Google rating and a real registered address, operating as a holding company. Founded in 2007, the company employs 17 people and boasts £773,187 in assets, managed by four directors and a single owner. Gelato Italia is an irregular importer, having imported miscellaneous food products for just two months, with the last operation occurring in April 01, 2022.

The company's website showcases a focus on artisan gelato, sorbetto, granita, and frozen yogurt, catering to both wholesale and events. It offers a wide range of flavours and formats, including Napoli trays, catering tubs, and even self-play systems for pianos—a surprising diversification! The website emphasizes award-winning products and nationwide delivery, indicating a focus on quality and reach. Gelato Italia also operates ice cream vans and bikes, and provides education and training related to gelato production.

Financially, Gelato Italia’s report reveals a mixed picture. Current assets increased by 10% to £770,000, while net assets jumped 110% to £520,000—a significant improvement. Bank borrowings decreased by 6.2% to £450,000, and cash reserves remained relatively stable at £480,000. Creditors decreased by 13%, suggesting better debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s unaudited financial statements, however, rely on director-reported data.

While the company’s assets have increased, the sharp rise in net assets suggests a potential shift in equity or ownership. The decrease in bank borrowings is a positive sign, indicating improved financial leverage. The fact that no auditor is mentioned is not unusual for a small company. Overall, Gelato Italia Wholesale Ltd appears to be a stable, growing business with a strong brand and a diverse product offering, although the reliance on unaudited figures warrants caution.

Registered in England/Wales under the registration number 06218900, with a registered address at SS3 9QE, United Kingdom, Southend-On-Sea, Essex, 15 Towerfield Road, Shoeburyness.

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