Signorellis Deli Ltd

Signorellis Deli Ltd, based in Cambridge, UK, is a small, active company founded nine years ago. It employs 24 people and holds assets valued at £337,448. The business is owned and run by a solo founder, Alessandro Signorelli, who also serves as its director. The company regularly imports furniture, lighting, and prefabricated buildings, with recent activity recorded three months ago. Its registered address is real, with only two other companies registered at the same location. Accounts are currently overdue by nine months.

The company operates in the wholesale of wine, beer, spirits and other alcoholic beverages industries. Its website highlights a focus on alcoholic beverages, with a particular emphasis on importing and distributing wines and spirits. The site showcases a range of products and offers online ordering, suggesting a growing e-commerce presence. While a physical store isn’s immediately apparent, the website functions as a primary sales channel.

Financially, Signorellis Deli Ltd presents a mixed picture. While current assets remained relatively stable at £340,000, equity has dramatically decreased by 79%, falling to just £31,000. Bank borrowings have also been reduced by 15%, settling at £110,000. Cash reserves have seen a significant drop, falling 65% to £16,000. Creditors have also increased by 67%, reaching £340,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited. The sharp decline in equity, however, is concerning, and suggests the company is burning through cash reserves. It’s possible that increased import costs or delayed payments from customers are contributing to this trend, but without further information, it’s difficult to say for sure.

Registered in England/Wales under the registration number 10161909, with a registered address at CB1 1DG, England, Cambridge, Cambridgeshire, 17 Burleigh Street.

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