Italian Options Limited

Italian Options Ltd from Burton On Trent UK: a small, active company established 27 years ago, employs eight people, and holds £748,390 in assets. It's a real address with three directors and one owner. The company regularly imports special woven and decorative fabrics (83 months imported) and exports cocoa and cocoa products (5 months exported).

The company operates in the non-specialised wholesale trade industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The company’s financial reports show a mixed picture. Current assets decreased slightly, falling to £750,000, while net assets increased to £550,000. Bank borrowings increased, reaching £29,000, and cash reserves fell to £380,000. Creditors decreased, suggesting better debt management. The company’s trade debtors remained stable at £300,000.

The company’s financial data reveals a few interesting trends. Depreciation on motor vehicles decreased by 22%, while furniture fittings increased by 22%. Cash and cash equivalents increased by 2.5%, while other creditors decreased by 40%. The company’s equity increased to £550,000, and retained earnings accumulated losses increased to £500,000.

It’s unclear if the company is financially healthy or burning through money. The increase in bank borrowings and decrease in cash reserves could be a cause for concern. However, the decrease in creditors and increase in equity suggest that the company is managing its debt effectively. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

The company's website is not available, so it's difficult to assess its online presence or e-commerce activities. However, the import and export activities suggest that the company is involved in international trade.

Registered in England/Wales under the registration number 03364349, with a registered address at DE13 0BY, Burton On Trent, Staffordshire, Unit 8 Stretton Business Park, Brunel Drive Stretton.

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