Piazza Italiana Limited

Piazza Italiana Limited is a small, holding company based in London, UK, with an active status. Founded seven years ago in 2018, it employs 27 people and holds assets worth £329,116. The company, with one director and one owner, operates from a real address on Threadneedle Street and is an irregular importer of drinks, alcohol, and vinegar, with its last import activity occurring one month ago in December 2023.

The company’s website showcases a vibrant Italian restaurant offering a range of dining experiences, from lunch sets to private dining rooms. Piazza Italiana positions itself as a purveyor of authentic Italian cuisine, created by Sicilian-born chef Remo Mazzucato, with a focus on seasonal ingredients and classic recipes. The restaurant’s website highlights its elegant setting, extensive wine list, and even offers a 3D map of the venue. It also features a DJ spinning vinyl every Saturday.

Financially, Piazza Italiana Limited presents a mixed picture. While cash reserves decreased by a significant 61% to £55,000, creditors also dropped by 17% to £140,000, suggesting better debt management. Bank borrowings increased by a considerable amount, reaching £3,100, and net assets fell by 16% to -£3.4 million. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the equity decline is a concern. The company’s accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Despite the challenges, Piazza Italiana Limited seems to be holding its own, offering a unique dining experience in a prime London location. The financial numbers, however, suggest the company is burning through money, and it will be interesting to see if the restaurant can sustain its operations in the long term.

Registered in England/Wales under the registration number 11149784, with a registered address at EC2R 8AY, England, London, 38 Threadneedle Street, Ground Floor.

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