Presso Limited

Presso Limited is a small, active company based in London, UK, established 23 years ago in 2002. With six employees and £214,395 in assets, it operates from a real address and is overseen by two directors and one owner. The company regularly imports clothing and accessories (excluding knitted or crocheted items) for 12 months, and exports electrical machinery and equipment for 10 months.

The company's website, Prezzo, is a well-established Italian restaurant chain. It features menus, locations, and promotions, including an Easter set menu with kids eating free. The site actively encourages online bookings and highlights its social media presence. The website is clearly focused on driving customer traffic to its physical locations and promoting its food offerings. It's a fully-fledged e-commerce operation, but primarily for restaurant reservations and gift card purchases, rather than food delivery.

Financially, Presso Limited's recent performance shows some concerning trends. Accrued liabilities have decreased significantly, dropping 73% to -£15,000, which could indicate improved payment management, but it's worth noting. Fixed assets have increased by 9.3% to £100,000, suggesting investment in the business. However, cash bank on hand has fallen a substantial 60% to £110,000, and debtors have increased dramatically by 2100% to £38,000—a significant jump that could be a sign of delayed payments or expanded credit terms. 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 it to remain flexible, but the drop in cash reserves is something to keep an eye on. The company is exempt from an audit as a small company, so the figures are unaudited.

Registered in England/Wales under the registration number 04403813, with a registered address at W1T 2HN, England, London, 2 Scala Street.

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