Salvatori Uk Limited

Salvatori UK Limited, based in London, is a small, active family business established nine years ago. Employing just three people, the company holds £639,636 in assets and operates from a virtual address—a fact highlighted by the presence of 133 other companies registered at the same location. Four directors and two owners manage the business, which regularly imports stone, plaster, cement, and similar materials (38 months of import activity), and occasionally exports glass and glassware (1 month).

The company's website showcases a high-end design aesthetic, specializing in natural stone and offering a range of bathroom products, home décor, and furniture. It’s clear they cater to a luxury market, collaborating with renowned designers like Yabu Pushelberg and Piero Lissoni, and even offering bespoke design services. The site emphasizes Italian craftsmanship and a "Made in Italy" heritage, with a focus on both online sales and showroom experiences.

Financially, Salvatori UK Limited presents a mixed picture. Current assets have decreased by 54%, dropping to £640,000, while net assets have fallen by 13%, reaching £350,000. Bank borrowings have increased significantly by 530%, reaching £290, and cash reserves have plummeted 70%, leaving just £370,000. Trade debtors have risen sharply by 130%, suggesting a potential issue with customer payments, while creditors have also increased by 110%, reaching £140,000. The company’s small size (meeting two of three criteria for a small company) helps with agility, but the decline in equity and the increase in debt raise concerns. As a small company, they are exempt from an audit, so the figures are unaudited.

Overall, Salvatori UK Limited appears to be navigating a challenging financial climate despite its strong brand and design focus. The increase in debt and decrease in cash reserves suggest a need for careful management and potentially a re-evaluation of their business model, although the increase in trade debtors could simply be a temporary fluctuation.

Registered in England/Wales under the registration number 09674762, with a registered address at W1G 9DQ, United Kingdom, London, 5th Floor North Side, 7/10 Chandos Street, Cavendish Square.

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