Prodolce Ltd

Prodolce Ltd from Hitchin UK is a small company with an active status, founded six years ago. It employs three people and holds £10,068 in assets, operating from a virtual address. The company has two directors and one owner. It’s an irregular importer of drinks, alcohol, and vinegar, with just one month of imports recorded as of June 2022.

The company operates in the wholesale of wine, beer, spirits and other alcoholic beverages industries. The address is probably virtual as 327 companes registered at the same address. Officially, it has one owner or PSCs, two directors, and three employees.

Analyzing the financial data, Prodolce Ltd appears to be facing some challenges. While cash bank on hand initially stood at £11,000, it has since dropped to £1,700—a significant decrease. Current assets have also declined by 42%, falling to £10,000. Creditors have increased substantially, jumping 78% to £150,000, and trade debtors have also risen by 91% to £6,500. Equity has taken a big hit, falling 110% to -£140,000. It seems like the company is burning through money.

Despite these difficulties, Prodolce Ltd meets the criteria for a small company, with turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company’s net current assets liabilities are -£140,000. The lack of an auditor (likely exempt due to its size) means the figures are unaudited. It’s hard to say what’s going on, but it seems like the company needs to watch its expenses.

Registered in England/Wales under the registration number 11440160, with a registered address at SG4 0TY, England, Hitchin, Hertfordshire, 71 Knowl Piece Wilbury Way.

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