Settebello Trading Ltd

Settebello Trading Ltd, based in London, UK, is a small, active company founded eight years ago. With eleven employees and £63,737 in assets, it's a solo-founded operation led by one director and two owners. The company operates in the licensed restaurants industries and is an irregular importer, with its top import category being Meat, fish, and seafood preparations, totaling 2 months of imports. The last import operation was conducted on May 01, 2022.

The company's website, Portobello Ristorante Pizzeria, showcases a traditional Italian restaurant and pizzeria with a focus on dine-in experiences. The site highlights a range of menus, including main courses, wines, and aperitifs, alongside private room hire for parties of up to 24 guests. It also features an online ordering system and gift voucher options, indicating a move towards e-commerce. There's a section for customer information, including delivery and returns policies, and a blog with customer reviews.

Financially, Settebello Trading Ltd presents a mixed picture. Current assets have decreased by 19% to £64,000, while net assets have fallen 0.22% to -£140,000. Bank borrowings have decreased by 22% to £42,000, and cash reserves have fallen 36% to £26,000. Creditors have increased by 6% to £200,000, and trade debtors remain constant at £38,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity and declining cash reserves suggest potential financial strain. No auditor is mentioned, likely due to the company's small size and exemption from an audit. The rise in creditors, despite a decrease in bank borrowings, could indicate a reliance on short-term financing to manage ongoing expenses.

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

Registered in England/Wales under the registration number 10414299, with a registered address at W8 6RF, England, London, 7 Stratford Road.

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.