Ag Italy Ltd

Ag Italy Ltd, based in London, UK, is a small, active company founded seven years ago in 2017. With just two employees and £138,291 in assets, it operates from a virtual address—eleven companies registered at the same location—and is led by a single director and owner, Greca Annamaria. The firm has a respectable 4.0 Google rating from nine reviews. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances; parts, with the latest import activity recorded one month ago. The company operates in the construction of domestic buildings industries.

While the company’s website isn’t available, its financial data paints a mixed picture. Bank borrowings have increased significantly, jumping 200% to £110,000, while cash reserves have fallen dramatically—down 85% to just £10,000. Creditors have also doubled to £110,000, and net assets have plummeted 430% to -£65,000. On a more positive note, debtors have surged 120%, suggesting increased sales, and net current assets have risen 960%. The company’s small size—meeting two of three conditions for a small company—helps it remain flexible, but the sharp decline in equity is concerning.

Despite the challenges, Ag Italy Ltd appears to be holding its own. The increase in debtors suggests a growing customer base, and the lack of a significant auditor (likely exempt as a small company) means the accounts are unaudited. The company’s focus on construction and its solo founder model are key elements to its operations.

Registered in England/Wales under the registration number 11002334, with a registered address at SW20 0LW, England, London, Beaumont House 2nd Floor, 1b Lambton Road.

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