Petrini Projects Ltd

Petrini Projects Ltd is a small, active company based in Croydon, UK, established six years ago in 2018. With two employees and £97,627 in assets, it operates from a virtual address shared by 439 other companies, a bit unusual. The company is run by a solo founder, Mauro Petrini, who also serves as director and owner. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances—parts, with a recent import recorded in November 2024.

The company’s website showcases its expertise in refurbishment projects across Central London and Italy. Petrini Projects specializes in high-quality residential and commercial refurbishment, catering to clients like Crazy Pizza and Tortuga Restaurant. Mauro Petrini, a Quantity Surveyor and Architectural Designer, leads the team, emphasizing personalized service and strong client relationships. The company’s portfolio highlights a range of projects, from London hotspots to Florence restaurants, demonstrating a diverse skillset and geographic reach.

Financially, Petrini Projects Ltd presents a mixed picture. Cash bank on hand has drastically reduced by 97%, plummeting to just £890, which is a significant drop. While current assets are relatively stable at £98,000, trade debtors have decreased by 26%, suggesting slower customer payments. Creditors have also fallen by 10%, which could be a positive sign of improved debt management. However, the most concerning trend is the sharp increase in taxation and social security payable, up 48% to £45,000. Although the company meets two of the three conditions to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the rising tax liabilities and dwindling cash reserves are a cause for concern. The unaudited accounts, prepared using VT Final Accounts software, don’t mention an auditor, which is typical for small companies.

Registered in England/Wales under the registration number 11536821, with a registered address at CR0 2TL, England, Croydon, 46 Nova Road.

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