Prosecco House Limited

Prosecco House Limited, based in London, UK, is a small, active company established seven years ago in 2017. With three employees and a real address in Chelsea, it’s a solo-founded venture led by a single director and owner, Issa Kristina. The company enjoys a solid 4.0 Google rating from 274 reviews, indicating a positive customer experience. It operates as a regular importer, specializing in drinks, alcohol, and vinegar, with 12 months of import activity recorded, the last operation in February 2025.

The company’s website paints a picture of a specialized wine bar focused on DOCG Prosecco. Located near Tower Bridge, Prosecco House offers a curated selection of 28 premium Prosecco varieties, alongside wines, champagne, cocktails, spirits, and beers. The bar caters to social gatherings, corporate events, birthday parties, and even offers expert-led Prosecco tasting sessions. The website actively encourages visitors to book a table, explore the menu, and sign up for a newsletter to receive updates on promotions and events.

Financially, Prosecco House Limited presents a mixed picture. Accumulated depreciation for plant and machinery increased by 17%, while bank borrowings surged by 120%, reaching £52,000. Creditors also increased by 120%, and net assets declined to -£330,000. Despite these challenges, the company's turnover appears to be stable, meeting the criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). Cash reserves remained steady at £380, but other creditors decreased, suggesting improved debt management. The accounts are unaudited, likely due to the company’s small size, and prepared by VT Final Accounts.

The company’s reliance on a single owner and director, combined with the negative equity, suggests it’s burning through money like a startup. While the positive Google rating and focus on a niche market (premium Prosecco) are encouraging, the financial data raises concerns about long-term sustainability. It’s possible the company is reinvesting heavily in growth, but careful monitoring of cash flow will be crucial.

Registered in England/Wales under the registration number 10875083, with a registered address at SW3 4LA, United Kingdom, London, 15 Chelsea Embankment, Flat 9 Delahay House.

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