Terramezzo Ltd

Terramezzo Ltd is a small, active company based in Croydon, UK, founded seven years ago in June 2017. With £76,140 in assets and a virtual address shared by eighty-one other companies, it’s a solo-founded operation run by two directors and one owner. The business operates in the non-specialised wholesale trade industries and is a regular importer, with its top category being Drinks, Alcohol, and Vinegar, totaling five months of imports, the last one made in November 2024. The company’s website, Terramezzo, focuses on gourmet food, spice mills, and Italian products, with a particular emphasis on high-quality grinders and restoration services.

The website showcases a range of products, including spice grinders, Italian food items, and even a separate division dedicated to piano restoration – a surprising, high-end venture. The piano division operates from Cambridge and has a showroom in Harrods, London, specializing in museum-grade restorations and disaster recovery. This dual focus—gourmet food retail and high-end piano services—suggests a diverse business model.

Financially, Terramezzo Ltd presents a mixed picture. Cash reserves have increased dramatically, jumping 11,000% to £11,000, a welcome change. However, creditors have risen significantly, reaching £95,000, and net assets are in the negative, standing at -£17,000. Trade debtors have also increased to £15,000, which could indicate delayed payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the negative equity is a concern. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, Terramezzo Ltd seems to be navigating a challenging period. The surge in cash reserves is encouraging, but the increase in liabilities suggests the company is burning through money. Whether the diverse business model—gourmet food retail and high-end piano restoration—can sustain itself long-term remains to be seen.

Registered in England/Wales under the registration number 10802611, with a registered address at CR0 1JG, England, Croydon, 73 Park Lane.

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