Azzurra Restaurant Limited

Azzurra Restaurant Ltd from London UK is a small, active company founded two years ago. It holds £1,126,827 in assets and operates from a real address, managed by two directors and one owner. The company boasts a strong Google rating of 4.0 based on 947 reviews. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import activity occurring one month ago in September 2023.

The company operates in the licensed restaurants industries. It’s a small business, meeting two of the three conditions to be classified as such: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s website, however, is currently inaccessible, displaying a "403 Forbidden" error message and indicating potential security measures are in place. This suggests a possible issue with the site’s security or an ongoing maintenance period, making it difficult to assess its e-commerce presence.

Financially, Azzurra Restaurant Ltd presents a mixed picture. While it holds a decent amount of assets, the company’s equity has plummeted to -£1,500,000. Bank borrowings have increased significantly, reaching £5,900,000, and creditors stand at £7,300,000. Cash on hand remains at £620,000, and net current assets are negative at -£6,200,000. The lack of employees (zero reported) suggests a lean operation, and the absence of an auditor mentioned likely means the financial statements are unaudited. The company’s management, consisting of Ward Richard Medric and Yeo David Hui-kiong, faces the challenge of navigating these financial pressures. It’s clear that the company is struggling to generate profit, and the large debts could be a cause for concern.

The company operates in Hospitality & Food Services → Restaurants & cafes → Licenced.

Registered in England/Wales under the registration number 14353621, with a registered address at W1F 7EB, England, London, 30 Argyll Street.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.