Italian Gourmet Club Ltd

Italian Gourmet Club Ltd, based in London UK, is a small, active company founded five years ago in 2020. Employing 30 people, it operates from a real address in Victoria Arcade and is led by three directors and a single owner, boasting a respectable Google rating of 4.0 from 38 reviews. The company regularly imports paper and paperboard products, with four months of import activity recorded as of February 2024.

The company's website, ItalianGourmet.ie, is a fully functioning online shop dedicated to Italian food products. It showcases a wide range of items, from pasta and rice to bakery goods, chocolates, and even cleaning products, catering to a broad customer base. Currently, the site is undergoing maintenance and sales are temporarily suspended, but it promises a return to service soon.

Financially, Italian Gourmet Club Ltd presents a mixed picture. Net assets have decreased significantly by 170%, reaching -£83,000, while bank borrowings have increased by 64%, now at £11,000. Cash reserves, however, have improved by 61%, rising to £33,000. Creditors have also increased by 41%, now totaling £530,000. The company meets the criteria for a small business, with a turnover under £10.2 million and assets under £5.1 million. The company’s financial statements are unaudited, likely due to its small size.

Despite the challenges, the company's strong online presence and focus on a niche market—authentic Italian food—suggest potential for future growth. The temporary suspension of sales, while concerning, could be a strategic move to improve operations or introduce new products.

Registered in England/Wales under the registration number 12413081, with a registered address at SW1E 5ND, England, London, Unit 6 Victoria Arcade, Victoria Street.

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