Volare (cardiff) Limited

Volare Cardiff Ltd, based in Cardiff, UK, is a small, active company founded eleven years ago in 2014. With eleven employees and £179,651 in assets, it operates from a real address and is managed by three directors and owners. It boasts a stellar 5.0 Google rating from 1131 reviews. The company is an irregular importer, primarily dealing with paper and paperboard products, with just two months of import activity recorded as of November 2022.

Volare Cardiff Ltd is an Italian restaurant, born from the passion of food by two Calabresian’s, Ernesto Rappoccio and Fortunato Favasuli. The restaurant’s website highlights its focus on authentic Italian cuisine and offers online bookings, menus, and private event options. It operates from 7 Craiglee Drive, Caerphilly, and is open Tuesday through Sunday, offering both lunch and dinner services. The site also features a mailing list subscription and a privacy policy.

Financially, Volare Cardiff Ltd presents a mixed picture. While cash bank on hand decreased by 5% to £35,000, creditors surged by 57% to £190,000—a significant increase. Equity plummeted 87% to just £8,300, and net assets liabilities swung to -£14,000. Average number of employees, however, increased by a substantial 55% to seventeen, suggesting growth in operational needs. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp equity decline raises concerns. With no auditor mentioned, the figures are unaudited.

Overall, Volare Cardiff Ltd appears to be experiencing growing pains. While customer reviews are exceptional, the financial data suggests the company is burning through money, possibly due to increased operational costs associated with its expanded workforce. It’s a bit worrying, really, but hopefully, they can turn things around.

Registered in Wales under the registration number 08970557, with a registered address at CF10 4BN, Cardiff, 7 Craiglee Drive.

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