Maggiore Restaurants Limited

Maggiore Restaurants Ltd from Beaconsfield UK: a small holding company with an active status, was founded 25 years ago in 1999. The company employs 64 people and holds £1,136,317 in assets, though it operates from a virtual address – a fact highlighted by the presence of 27 other companies registered at the same location. It’s managed by two directors and has one owner, with a solid Google rating of 4.0 based on 2,564 reviews. Regular importer of fish and seafood, including shellfish and other water creatures (8 months imported).

The company operates a French restaurant in Covent Garden, London, known as Clos Maggiore. The website showcases a focus on creating a romantic dining experience, with a blossom-adorned conservatory and a focus on seasonal menus, wine investment, and private dining options. It also offers bespoke events, gift vouchers, and even a wine club with regular tasting events. The restaurant's website also features a separate venture: a high-end piano restoration business, 1066 Pianos, which operates from Cambridge and has a showroom in Harrods.

Financially, Maggiore Restaurants Ltd presents a mixed picture. While cash reserves have increased significantly by 310% to £170,000, other areas show strain. Net current assets and liabilities have jumped by a whopping 740% to £110,000, and other creditors have increased by 2,100% to £240,000. Trade debtors have decreased by 20% to £62,000. The company’s small size – meeting two of three conditions for a small company – helps it remain agile, but the increase in creditors and the drop in net assets suggest a need for careful financial management. The company is exempt from an audit, and the figures are unaudited.

Despite these financial challenges, Maggiore Restaurants Ltd seems to be maintaining a strong reputation, as evidenced by its high Google rating and focus on creating a memorable dining experience. The dual venture with 1066 Pianos adds a layer of complexity, but could also provide a source of diversification and prestige.

Registered in England/Wales under the registration number 03796229, with a registered address at HP9 2FL, Beaconsfield, Buckinghamshire, Eden House, Reynolds 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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