Santa Lucia Glasgow Limited

Santa Lucia Glasgow Ltd from Glasgow UK is a small company with an active status, established four years ago in July 2020. Employing thirty people, it holds assets valued at £202,824 and operates from a virtual address – 14 Newton Place, Glasgow, where 177 other companies are registered. The business is led by two directors and owned by two individuals, Montahar Marcello and Strazzullo Mariano Angelo. It functions as an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import operation recorded one month ago in August 2023. The company operates in the licensed restaurants, take-away food shops and mobile food stands industries.

The company’s website isn’t available for review, so it’s difficult to determine if they have an e-commerce presence or rely solely on wholesale distribution.

Financially, Santa Lucia Glasgow Ltd presents a mixed picture. While the company's net assets grew by 30% to £70,000, and cash reserves increased by a substantial 120% to £65,000, other areas show signs of strain. Trade debtors decreased by 2.7% to £120,000, suggesting better debt management, but creditors increased by 4.2% to £340,000. Bank borrowings have increased, and cash reserves have fallen 30% to £28,000. The company meets two of three criteria to be considered small – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit as a small entity.

The company's financial data indicates a period of growth, but also highlights the need for careful management of debts and expenses. The increase in creditors suggests a reliance on credit from suppliers, which could become a challenge if sales slow down. The fact that the company is irregular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 1 months of imports, could be a risk factor.

Registered in Scotland under the registration number SC666840, with a registered address at G3 7PY, Scotland, Glasgow, 14 Newton Place.

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