Nico Rossi Limited

Nico Rossi Ltd from Durham UK: a small, active company founded 25 years ago, employs eight people, and holds £724,258 in assets. It operates from a virtual address, is managed by four directors and owned by two individuals, and boasts a stellar 5.0 Google rating based on 13 reviews. The company regularly imports machinery, boilers, and mechanical appliances, with parts imported for the last six months.

The company’s website reveals a wholesale food distributor specializing in chilled, ambient, frozen, and alcohol products, alongside catering equipment, packaging, and even Eddie printer cleaning supplies. It serves the North East region and lists brands like Caffe Solo and Disotto's Gelato, alongside fine wines and fresh meat. The site also highlights services like personalized stamps, custom labels, and even laser engraving – a diverse range of offerings. The website’s design suggests a focus on B2B sales, with a clear emphasis on providing a comprehensive range of foodservice solutions. It’s an ecommerce website, and it's clear that the business is trying to be a one-stop shop for food service businesses.

Financially, Nico Rossi Ltd shows some concerning trends. Accumulated depreciation for computer equipment increased by 12%, while furniture fittings saw a more modest 2.5% increase. Cash bank on hand decreased by 8.2% to £430,000, and trade debtors increased significantly by 69%. However, there’s a positive sign in the form of a 23% increase in equity, reaching £370,000. The company’s average number of employees increased by 12% to nine, which could be a sign of growth, but also a potential strain on resources. While the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, the increase in bank borrowings is something to watch. The company's accounts were unaudited, and there was no auditor mentioned.

Registered in England/Wales under the registration number 03838044, with a registered address at DH1 1TW, England, Durham, Oakmere, Belmont Business Park.

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