Gelatorino Limited

Gelatorino Ltd from London UK: a small, active company founded fifteen years ago, employs eight people, and holds £62,794 in assets. Operating from a virtual address and led by a solo founder and single director, it maintains a respectable 4.0 Google rating from 855 reviews. The company regularly imports prepared or preserved plant-based foods, with seven months of import activity recorded.

Gelatorino’s website showcases a boutique specializing in authentic Italian gelato, coffee, and pastries. It boasts award-winning gelato flavors, a dedicated shop in Covent Garden, and a location in Monaco. The site highlights its commitment to quality ingredients and traditional Italian craftsmanship, catering to both walk-in customers and online orders. The business also appears to operate a high-end piano restoration division, though the connection to the gelato business isn’s immediately clear.

Financially, Gelatorino Ltd presents a mixed picture. Current assets have decreased by 20% to £63,000, while net assets have plummeted 14% to -£81,000. Bank borrowings have increased significantly, reaching £4,200, and cash reserves have vanished completely. Creditors have risen by a substantial 7.7%, suggesting a reliance on trade credit. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the substantial equity decline warrants attention. As a small company, it’s exempt from an audit, and the figures are unaudited.

The company’s reliance on debt and the negative equity position suggest it may be burning through money. The dual nature of the business—gelato and piano restoration—could present opportunities for diversification, but also potential management challenges.

Registered in England/Wales under the registration number 07227570, with a registered address at WC1X 8TA, England, London, New Derwent House, 69-73 Theobalds Road.

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