Mangitalia Ltd

Mangitalia Ltd, based in Cardiff, UK, is a small, active company founded eleven years ago in 2014. With just one employee and £13,053 in assets, it operates from a real address and is overseen by a single director and two owners. The company is an irregular importer, primarily bringing in prepared or preserved plant-based foods—just one month of imports were recorded, the last in June 2023. It’s also described as operating in the “other food services industries.”

The company’s website, Mangitalia, is a fully functional e-commerce platform offering a wide range of Italian food products. From oils and vinegars to pasta, cheeses, meats, and even wines, the site caters to customers seeking authentic Italian ingredients. It's all available in Spanish, Catalan, Galician, and Basque. The site has a registration and login section, allowing customers to create accounts and manage their orders. Products are categorized clearly, and a search function is available. The site also includes a “Our Company” section with contact information and a map to their store in Madrid.

Financially, Mangitalia Ltd presents a mixed picture. Creditors have increased significantly, jumping 160% to £25,000, while current assets have decreased by 7.9% to £13,000. Bank borrowings have also risen, increasing by 51% to £5,300. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the large increase in liabilities is a concern. Cash reserves remain low at just £4, with a significant drop in net assets, now at -£20,000. The company’s trade debtors have also decreased slightly, which could indicate better payment collection. As a small company, it is exempt from an audit, so the financial statements are unaudited.

It appears Mangitalia Ltd is facing some financial pressures, with liabilities outpacing assets. However, the active e-commerce platform and focus on niche Italian products suggest a potential for growth—though careful management of cash flow will be crucial.

Registered in England/Wales under the registration number 08913764, with a registered address at CF10 1EA, Wales, Cardiff, 13 Quay Street.

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