Pino's Ristorante Limited

Pino’s Ristorante Limited, based in Marlborough, UK, is a small, family-run business with an active status, having been founded 22 years ago in 2003. The restaurant employs twelve people and holds £428,415 in assets. With a real address and three directors overseeing operations, it's a well-established local eatery, boasting a stellar 5.0 Google rating from 452 reviews. The business is an irregular importer, primarily dealing in drinks, alcohol, and vinegar, with a recent import recorded just one month ago.

The restaurant’s website, while minimal, highlights its Italian cuisine and commitment to authentic flavors. It doesn’s appear to have an e-commerce component, focusing instead on providing contact information and showcasing its menu. The restaurant seems to be a traditional, dine-in establishment, relying on word-of-mouth and local patronage.

Financially, Pino’s Ristorante Limited shows a mixed picture. Current assets have decreased by 11% to £430,000, while net assets have fallen by 13% to £370,000. Bank borrowings have increased by a significant 2400% to £29,000, and cash reserves have fallen by 11% to £130,000. Trade debtors have increased dramatically by 840%, suggesting potential issues with customer payments, and creditors have decreased by 40%, which could indicate improved debt management. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decline in equity warrants attention. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

The increase in bank borrowings, coupled with the decrease in cash reserves, suggests the business may be burning through money. It’s possible this is due to increased operating costs or investments in the restaurant, but it’s something to monitor closely. The significant increase in trade debtors is also a cause for concern, and the business should focus on improving its collection processes. Despite these challenges, the restaurant’s high Google rating and family-run nature suggest a loyal customer base and a strong reputation in the local community.

Registered in England/Wales under the registration number 04730417, with a registered address at SN8 1AH, Marlborough, Wiltshire, 13 New Road.

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