Amici London Limited

Amici London Limited is a small, active company based in Kennington, London, UK. Founded six years ago in February 2019, it’s a solo-founded venture employing just one person and boasting £6,204 in assets. The company operates an e-commerce site and has a real registered address. It’s run by a single director and owner, Hamid Rana. Amici London Limited specializes in the retail sale of cosmetic and toilet articles, both online and in a physical restaurant setting.

The company’s website reveals a unique blend of Iranian and Italian cuisine, offering brunch, lunch, and dinner options with a focus on flavorful dishes and a vibrant atmosphere. It also hosts events, including private parties and Persian New Year celebrations, and offers catering services. The website also has a delicatessen section and an online shop.

Financially, Amici London Limited’s recent performance shows some concerning trends. While bank borrowings decreased slightly by 8%, cash reserves plummeted by a significant 45% to just £4,700. Current assets also declined by 38% to £6,200. Equity, however, remains negative at -£33,000, though it’s slightly improved from the previous year. Creditors also decreased, which could be a positive sign. The company meets the criteria to be classified as a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

The company’s reliance on a single employee and its negative equity suggest it’s operating on a tight margin. The decline in cash reserves and current assets could indicate challenges in managing working capital. However, the continued focus on events and catering, along with the positive online reviews, suggest a commitment to customer engagement and a potential avenue for revenue growth. It’s clear that the company is working hard, but it needs to address its financial pressures to ensure its long-term sustainability.

Registered in England/Wales under the registration number 11820819, with a registered address at E6 6DT, United Kingdom, London, 56 Tyrone Road.

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