Johnson Ribolla Limited

Johnson Ribolla Limited, based in Banbury, UK, is a small, active company founded ten years ago in 2014. With four employees and £70,550 in assets, it operates from a virtual address – a detail highlighted by the fact that 129 other companies are also registered at the same location. The business is led by a solo founder and director, Ribolla Giacomo, who also appears to be the sole owner. It has a stellar 5.0 Google rating based on a single review. The company imports furniture, lighting, and prefabricated buildings, although this activity has been irregular, with the last import occurring two months ago in November 2019.

Johnson Ribolla Limited describes itself as offering residential and commercial services, and its website suggests a focus on interior design and property development. It seems to be an e-commerce business, but the site doesn't provide extensive details about its product range. The company operates in the specialised design activities and other business support service activities industries.

Financially, Johnson Ribolla Limited shows a concerning trend. Current assets have plummeted by 54%, dropping to £71,000, while net assets have also seen a significant decline, falling 60% to £39,000. Cash bank on hand has decreased dramatically by 73%, leaving just £23,000. Interest payable has spiked by a staggering 93,000%, reaching £1,900. Although the company’s turnover is under £10.2 million, its balance sheet total is under £5.1 million, and it employs fewer than 50 people, its financial results are worrying. The increase in interest payable suggests a potential cash flow problem, and the decrease in cash reserves is a red flag. The company’s small size helps it remain agile, but the sharp decline in equity and cash reserves is something to watch. As a small company, it’s exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 09152154, with a registered address at OX16 9BE, United Kingdom, Banbury, Oxfordshire, Penrose House, 67 Hightown Road.

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