Tonino Ice Cream Ltd

Tonino Ice Cream Ltd, based in Watford, UK, is a small, active company founded three years ago. It’s a solo founder operation with one director and a perfect 5.0 Google rating from 23 reviews. The company operates in the retail sale via mail order houses or via internet, other food services, take-away food shops and mobile food stands industries, and irregularly imports machinery, boilers, and mechanical appliances; parts, with the last import operation made on April 01, 2024.

The company’s website, Tonino Ice Cream Van Hire, reveals a business with a long history—nearly 50 years—specializing in high-quality ice cream and ice cream van rentals. The site highlights a fleet of premium ice cream vans, catering to corporate events, music festivals, school events, and sports events. It emphasizes experience, delicious taste, nutritional value, and affordable luxury. The website also includes testimonials praising the ice cream’s unique flavors and smooth texture.

Financially, Tonino Ice Cream Ltd shows a dramatic turnaround. Cash bank on hand soared by an astonishing 11,000% to £22,000, while creditors jumped 13,000% to £77,000. Current assets also saw a significant increase of 45,000% to £87,000. However, retained earnings and accumulated losses, and net assets liabilities, both improved by -2500%, reaching £9,600. Trade debtors remained steady at £55,000. 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 stay agile, but the sudden increase in creditors suggests a reliance on short-term financing. As a small company, it’s exempt from an audit, so the figures are unaudited.

The sudden financial improvements, particularly the massive increase in cash reserves, are remarkable. It’s possible that a large order or investment boosted the company’s finances, or perhaps the company has successfully streamlined its operations. However, the rise in creditors also indicates a need to manage short-term liabilities carefully.

Registered in England/Wales under the registration number 13355866, with a registered address at WD25 7ET, United Kingdom, Watford, Hertfordshire, 60 The Brow.

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