Volare Restaurants Ltd

Volare Restaurants Ltd, a small, active company based in Southport, UK, was founded ten years ago in 2015. Employing seventeen people and holding assets of £76,695, it operates from a real address and is managed by one director and owner. The company regularly imports drinks, alcohol, and vinegar, with twelve months of import activity recorded as of January 2025.

The company’s website showcases an authentic Italian cuisine restaurant, with a menu, gift card option, and virtual tour. It operates from 613 Lord Street, Southport, Merseyside, and is open Monday to Saturday, with closed Tuesdays. Customers are advised that email is not for bookings, and the restaurant’s phone number is 01704 546 232. The website also features a bottom section with the company’s name and legal details.

Financially, Volare Restaurants Ltd presents a mixed picture. While cash reserves increased by 75% to £40,000, net assets decreased significantly, dropping 82% to -£19,000. Bank borrowings increased to £8,500, and creditors decreased by 12% to £280,000. 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 nimble, but the substantial equity decline suggests potential financial pressures. The company’s fixed assets increased by 25% to £190,000, which could be an investment for future growth. With no auditor mentioned, the figures are unaudited. It seems like the company is burning through money, but the increase in fixed assets suggests a long-term strategy.

Registered in England/Wales under the registration number 09490944, with a registered address at PR9 0AN, United Kingdom, Southport, Merseyside, 613 Lord Street.

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