Pizza Tyne Ltd

Pizza Tyne Ltd is a small, active company based in Newcastle Upon Tyne, UK, founded five years ago in 2020. It employs three people and holds £39,625 in assets. The company is run by a solo founder, Ricci Filippo, who also serves as director and owner. It operates from a real address and is registered as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. Pizza Tyne Ltd is an irregular importer, with its top import category being electrical machinery and equipment, totaling 2 months of imports, the last in 2022.

The company’s website, Pizzeria Italia, showcases a thriving Italian restaurant and pizzeria. It’s a well-regarded establishment, earning numerous accolades from Restaurant Guru, including being named a top 10 best pizza restaurant in Newcastle and a top 100 best pizza restaurant in England. The website highlights a commitment to traditional techniques, quality ingredients, and a welcoming atmosphere. It also features an online ordering system and delivery options via Deliveroo, Just Eat, and Uber Eats. The restaurant’s website also mentions a partnership with Moretti LAB, a chef ambassador program, and participation in the UK National Pizza Championships.

Financially, Pizza Tyne Ltd presents a mixed picture. Current assets decreased by 24% to £40,000, while net assets plummeted 52% to £38,000. Bank borrowings were reduced by 35%, and cash reserves fell 13% to £33,000. Creditors increased by 7.5%, and debtors decreased by 70%. The company’s small size allows for flexibility, but the drop in equity is a concern. No auditor is mentioned, likely due to the company’s exemption as a small entity.

The company's financials show that it’s not necessarily burning through money, but it’s not experiencing explosive growth either. The restaurant’s strong reputation and multiple delivery partnerships suggest a loyal customer base, but the declining equity and reduced cash reserves indicate a need to manage expenses and potentially explore new revenue streams.

Registered in England/Wales under the registration number 12447267, with a registered address at NE7 7EZ, United Kingdom, Newcastle Upon Tyne, 391 Benton Park Road.

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