Italba Limited

Italba Limited, based in London, UK, is a small, active company established three years ago. With £47,844 in assets and a real address, it's a solo-founded venture led by a single director and owner. The company maintains a stellar 5.0 Google rating based on 45 reviews and regularly imports clothing and accessories made by knitting or crocheting, with three months of import activity recorded.

The company’s website, Italba Dining, showcases a unique blend of Italian and Scottish culinary experiences. It offers private dining services, pasta-making workshops, and even caters for supper clubs, emphasizing fresh, seasonal ingredients and Nelson Reposo’s expertise. The site highlights both private chef services across Scotland and the UK, and a focus on delivering an “Italian Scottish food affair.” It’s clear they are aiming to create a premium, bespoke dining experience.

Financially, Italba Limited presents a mixed picture. While cash reserves saw a substantial increase of 200%, reaching £3,900, current assets have decreased by 76%, settling at £48,000. Bank borrowings have increased significantly, reaching £45,000, and net losses have deepened to -£26,000. Trade debtors have also decreased by 35%, suggesting potential issues with customer payments. 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 decline in equity is a cause for concern. The accounts are unaudited and exempt from audit as a small company, relying on director-reported data.

Overall, Italba Limited appears to be navigating early-stage challenges. While the dining services website projects a high-end, personalized offering, the financial data suggests the business is burning through cash. Whether the unique culinary concept can overcome these financial pressures remains to be seen.

Registered in England/Wales under the registration number 13501158, with a registered address at SW19 7QN, England, London, Flat 28 Woodside House, Woodside.

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