I. Fratelli Limited
- Small
- Active
- 21 years
- 32 employees
- £1,361,280 (assets)
- Virtual address
- 3 directors
- 2 owners
- Irregular importer
- Regular exporter
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
I. Fratelli Limited is a small, active company based in Hamilton, South Lanarkshire, UK. Founded 21 years ago in 2003, it employs 32 people and holds £1,361,280 in assets. The company is a family business with three directors and two owners, operating from a virtual address shared by over 100 other businesses. It’s a regular exporter of clothing and accessories, not knitted or crocheted, with 88 months of export activity recorded, the latest in December 2024, but only an irregular importer with just one month of import activity in October 2023.
The company’s website, iFratelli.com, reveals a thriving pizza business with a focus on delivery and franchise opportunities. The site highlights free delivery, a wide menu, and a rewards program, catering to both individual orders and large gatherings. It also features a "Join Our Family" section, actively seeking talented individuals, and a blog showcasing promotions and community involvement. The pizza business appears to be the primary focus, with a strong emphasis on customer service and local presence.
Financially, I. Fratelli Limited presents a mixed picture. While current assets increased by 15% to £1,400,000, net assets surged 30% to £940,000. However, bank borrowings decreased by 28% to £120,000, and cash reserves fell 51% to £300,000. Creditors increased by 58% to £640,000, and trade debtors rose by 50% to £260,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in cash reserves warrants attention. No auditor is mentioned, which is typical for small companies.
Overall, I. Fratelli Limited seems to be navigating a period of growth, but the declining cash reserves and increasing creditors suggest a need for careful financial management. The pizza business, with its focus on delivery and franchise expansion, appears to be driving the company’s activity, but it’s important to monitor the financial health to ensure long-term sustainability.
Registered in Scotland under the registration number SC252781, with a registered address at ML3 6DA, South Lanarkshire, 29 Brandon Street, Hamilton.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 4
- 50%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 9
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 21 years
- 6
-
Resident of United Kingdom
-
Individual
- 21 years
- 3
-
Resident of United Kingdom
-
Individual
- 21 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2023-12-31Download 11 pages pdf report
-
Confirmation statement made on 2024-07-15 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2022-12-31Download 11 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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Last exported products
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FAQ about I. Fratelli Limited
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