Reggiana Import Ltd.

Reggiana Import Ltd, based in Bury St Edmunds, UK, is a small, active company established 28 years ago. With three employees and £707,669 in assets, it operates from a virtual address, a detail flagged by the presence of 51 companies registered at the same location. The company is led by four directors and a single owner, who is also the solo founder. It regularly imports machinery, boilers, and mechanical appliances, parts, with 148 months of import activity recorded.

The company's activities are primarily focused on importing goods, and it operates within the "other business support service activities n.e.c." industry. While a website isn’t available to analyze, the company’s import focus suggests a business-to-business model rather than direct e-commerce.

Financially, Reggiana Import Ltd shows some concerning trends. Cash bank on hand has decreased by 32%, falling to £14,000, while current assets have also dropped by 6.1% to £710,000. Trade debtors have increased by 4%, reaching £470,000, which could indicate difficulties in collecting payments. On the positive side, creditors have decreased by 22%, suggesting improved management of short-term liabilities. Depreciation on plant and machinery has increased slightly, from £8,900 to £10,000. The company's size, meeting two of three criteria for a small company, means it's likely exempt from an external audit, so the figures are unaudited.

The decrease in cash reserves, combined with the increase in trade debtors, suggests the company might be burning through cash faster than it’s bringing in revenue. However, the reduction in creditors indicates an effort to control expenses. The lack of employees, reported as three, points to a lean operation, but the financial pressures warrant close monitoring.

Registered in England/Wales under the registration number 03369384, with a registered address at IP32 7EA, England, Bury St Edmunds, Suffolk, First Floor Suite, 2 Hillside Business Park.

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