Real Italiano Limited

Real Italiano Limited is a small, holding company based in Witham, UK, with an active status. Founded three years ago in August 2021, it employs just two people and holds £85,102 in assets. The company operates from a virtual address, registered with 38 other companies, and is led by one director and one owner. It runs an e-commerce site and regularly imports cereal and milk-based food products, with five months of import activity recorded, the latest in October 2023. The company's activities fall under agents involved in the sale of food, beverages and tobacco industries.

The company’s website showcases “The Real Italian Pizza Company,” a business operating two locations in Bath and Cardiff, specializing in authentic wood-fired pizzas and a simple menu of family favourites. The website highlights award-winning pizzas, a relaxed atmosphere, and even offers pizza-making parties for children. The company also has a separate business, “The Real Italian Ice Cream Company,” which sells traditional Italian gelato.

Financially, Real Italiano Limited presents a mixed picture. While current assets increased by a healthy 98% to £85,000, net assets plummeted 300% to -£340,000. Creditors have risen significantly, increasing by 220% to £470,000, while bank borrowings have also increased. Trade debtors have increased by 24% to £6,200. 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 agile, but the sharp equity drop and increasing liabilities raise concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's financial data shows a concerning trend of rising liabilities and decreasing equity. The increase in creditors suggests the company may be struggling to manage its short-term obligations, while the negative net assets indicate a significant shortfall between assets and liabilities. It's possible that the company is investing heavily in its e-commerce operations or expanding its import activities, but the lack of profitability is a cause for concern.

Registered in England/Wales under the registration number 13584605, with a registered address at CM8 3HY, United Kingdom, Witham, Essex, Olivers Barn, Maldon Road.

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