La Focaccia Limited

La Focaccia Ltd, based in Leeds, UK, is a small, active company founded nine years ago. With three employees and £53,017 in assets, it’s a family-run bakery operating from a real address. A single director and owner, Salvati Davide, leads the business, which currently holds a respectable Google rating of 4.0 based on 20 reviews. The company specializes in importing cereal and milk-based food products, though it’s an irregular importer, with just two months of activity recorded.

The business operates as an artisan bakery, founded by Italian Chef Davide Salvati in 2015. Its website highlights a concept of Italian street food, now an established business, and the first to sell focaccia as street food. La Focaccia aims to deliver fresh, high-quality products, also offering private catering and participating in food festivals and farmers markets. They boast over 40 product ranges, including focaccia, calzone, and panini, with vegetarian and vegan options, using local produce and imported ingredients. The website also mentions piano restoration, which is a bit confusing.

Financially, La Focaccia Ltd shows some concerning trends. Current assets have fallen significantly by 51%, dropping to £53,000. Bank borrowings have decreased, which is good, but cash reserves have plummeted 60%, leaving just £42,000. Trade debtors have increased dramatically, suggesting potential issues with customer payments. Despite these challenges, creditors have also decreased, which is a positive sign. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is common for small companies.

Overall, La Focaccia Ltd appears to be facing financial pressures, with declining assets and cash reserves. While the business maintains a strong reputation and a loyal customer base, it will need to address these challenges to ensure long-term sustainability. The company’s diverse activities, from focaccia to piano restoration, could be a strength or a distraction, depending on how effectively they are managed.

Registered in England/Wales under the registration number 09995211, with a registered address at LS12 3HQ, England, Leeds, Unit 3 Station Way.

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