Riccardo Valeria Limited

Riccardo Valeria Limited is a small, active company based in London, UK, founded eight years ago in 2016. Employing just two people, the company operates an e-commerce site and boasts a real registered address at 34 Sixth Avenue. With two directors and two owners at the helm, it’s a compact operation. The company is a regular importer, with its top import category being Various textile products, sets, used clothing, and rags, totaling 41 months of imports. The last import operation was conducted on August 01, 2023. The company operates in the wholesale of textiles industries.

The website, riccardovaleria.com, showcases a wide range of bedding, curtains, and towels, with a focus on luxury designs and competitive pricing. The site features a "Trending Now" section highlighting popular items like Egyptian cotton towels and blackout curtains, and a "Shop" section organized by category. It’s a well-designed e-commerce platform, clearly aimed at attracting online shoppers.

Financially, Riccardo Valeria Limited presents a concerning picture. Net assets have plummeted by a staggering 1100%, falling to -£220,000. Cash reserves have completely vanished, dropping 100% to zero. Bank borrowings decreased slightly, but creditors have also fallen, suggesting a possible attempt to manage debt. Trade debtors and creditors have both disappeared, which is unusual. 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 for flexibility, but the dramatic equity decline raises serious questions. The accounts are unaudited and prepared under FRS 102 Section 1A, and Wisei Accountants Global LTD. is listed as the accountant.

In short, Riccardo Valeria Limited is facing significant financial challenges. While the e-commerce site appears active and well-stocked, the numbers suggest a company struggling to stay afloat. It's possible that the company is burning through money, or that it’s facing difficulties in managing its finances.

Registered in England/Wales under the registration number 10309949, with a registered address at E12 5PP, England, London, 34 Sixth Avenue.

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