Officine Gullo Ltd

Officine Gullo Ltd, based in London, UK, is a small, active company founded nine years ago in 2015. With four employees and £1,069,175 in assets, it operates from a real address and is managed by two directors, although no owners are officially listed. The company boasts a perfect 5.0 Google rating based on three reviews and is a regular importer of electrical machinery and equipment, having imported for 43 months, with the last import occurring in March 2025. It operates in the retail of furniture, lighting, and similar products in specialised stores.

The company’s website is currently unavailable, making it difficult to assess its online presence and e-commerce activities. Without a website, it’s unclear how the company reaches customers beyond its physical location and potential wholesale partnerships.

Financially, Officine Gullo Ltd presents a mixed picture. While cash bank holdings decreased by 21% to £520,000, creditors have increased by 25% to £1.3 million, suggesting a reliance on credit. Current assets have also fallen by 10% to £1.1 million. On a positive note, prepayments have surged by 990% to £43,000, indicating potential upfront payments from customers or suppliers. Trade debtors have decreased by 11% to £220,000. Net assets have declined significantly by 64% to £100,000. 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, but the decrease in net assets warrants attention. The accounts are unaudited, as is typical for small companies.

The sharp increase in creditors, coupled with the decrease in cash reserves, could indicate that the company is burning through money faster than it’s bringing it in. However, the increase in prepayments suggests a potential influx of future revenue. The lack of a website could be a contributing factor to these financial pressures, limiting its ability to generate sales. It’s possible that the company is experiencing growing pains as it navigates the challenges of a competitive market, but further investigation is needed to determine the long-term implications of these trends.

Registered in England/Wales under the registration number 09737381, with a registered address at SW3 6HH, United Kingdom, London, Ground Floor And Basement, 62/64 Fulham Road.

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