Riva Paoletti Limited

Riva Paoletti Ltd, a holding company based in Leeds, UK, has been a fixture in the textile industry for 38 years. With 135 employees and assets totaling £12,326,679, the company is currently active and managed by five directors and one owner. Google reviews give it a rating of 3.0 based on 23 ratings. Riva Paoletti regularly imports and exports various textile products, sets, used clothing, and rags, with 605 months of import activity and 135 months of export activity recorded.

The company’s website paints a picture of a specialist designer, manufacturer, and supplier of home furnishings. Riva Paoletti operates through its own brands, Voyage Maison, Yard, and Furn, as well as licensed brands like Sanderson and Morris Co. It offers a wide range of products, from cushions and throws to curtains and bedding, catering to both commercial and retail customers. The website highlights a focus on design, manufacturing, and distribution, with a particular emphasis on trade partnerships and upcoming events. They even have a showroom and offer bespoke services, including custom-made curtains and upholstery.

Financially, Riva Paoletti Ltd presents a mixed picture. While cash reserves increased by a substantial 140% to £320,000, net assets declined by 2.1% to £5.3 million. Bank borrowings decreased by 12% to £3.4 million, suggesting improved debt management. However, deferred tax liabilities increased by 16%, and trade creditors rose by 37%, indicating potential short-term financial pressures. The company's net loss decreased significantly, from £88,000 to just £4,900, which is a positive trend. The company’s average number of employees increased by 8.1% to 150. With no auditor mentioned, the financial statements are unaudited.

The company's focus on trade partnerships and events, combined with its wide product range, suggests a commitment to maintaining a strong presence in the home furnishings market. However, the fluctuating financial metrics highlight the challenges of operating in a competitive industry.

Registered in England/Wales under the registration number 02090119, with a registered address at LS14 1PS, England, Leeds, West Yorkshire, Riva Paoletti Ltd T/A Riva Home, Coal Road.

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