Ital Living Ltd

Ital Living Ltd from Hatfield UK: a small holding company with an active status, was founded twelve years ago. The company employs three people and holds £490,891 in assets, operating from a real address. It’s led by one director and has two owners, boasting a stellar 5.0 Google rating from 27 reviews. Ital Living is a regular importer of furniture, lighting, and prefabricated buildings, with 26 months of import activity recorded, the last in November 2024.

The company operates as an Italian furniture specialist, offering a range of kitchen, living room, and bedroom furniture, as well as worktop surfaces and office solutions. Ital Living’s website showcases a curated selection of Italian designs, emphasizing direct imports and bespoke services. They cater to both homeowners and commercial clients, including property developers and interior designers, even offering contract furniture solutions for hotels and offices. The website highlights a team of skilled craftsmen and designers, suggesting a focus on custom installations and high-end interiors.

Financially, Ital Living Ltd presents a mixed picture. While current assets increased by 11% to £490,000, net assets saw a significant boost, rising 160% to £110,000. However, turnover declined by 42%, dropping to £28,000, and profits followed suit. Bank borrowings increased by 69%, reaching £5,400, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, indicating improved debt management. The company’s small size—meeting two of three conditions for being classified as small—allows for flexibility, but the drop in profits raises questions. As a small company, the accounts are unaudited.

The company’s financial data reveals a period of adjustment, with increased assets but declining profitability. While the Italian flair and bespoke services are attractive, sustaining growth will depend on improving the bottom line.

Registered in England/Wales under the registration number 08095789, with a registered address at AL9 7NT, Hatfield, Hertfordshire, Unit 8 Travellers Close, North Mymms.

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.