rosso & azzurro wholesale ltd
rosso & azzurro wholesale ltd Company Information
Company Number
12484620
Next Accounts
Dec 2025
Shareholders
rosso & azzurro holding ltd
Group Structure
View All
Industry
Wholesale of textiles
Registered Address
suite 0.4 george leigh street, manchester, M4 5DL
Website
-rosso & azzurro wholesale ltd Estimated Valuation
Pomanda estimates the enterprise value of ROSSO & AZZURRO WHOLESALE LTD at £1.2m based on a Turnover of £4m and 0.29x industry multiple (adjusted for size and gross margin).
rosso & azzurro wholesale ltd Estimated Valuation
Pomanda estimates the enterprise value of ROSSO & AZZURRO WHOLESALE LTD at £2.8m based on an EBITDA of £718.9k and a 3.87x industry multiple (adjusted for size and gross margin).
rosso & azzurro wholesale ltd Estimated Valuation
Pomanda estimates the enterprise value of ROSSO & AZZURRO WHOLESALE LTD at £3.9k based on Net Assets of £2.8k and 1.4x industry multiple (adjusted for liquidity).
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Rosso & Azzurro Wholesale Ltd Overview
Rosso & Azzurro Wholesale Ltd is a live company located in manchester, M4 5DL with a Companies House number of 12484620. It operates in the wholesale of textiles sector, SIC Code 46410. Founded in February 2020, it's largest shareholder is rosso & azzurro holding ltd with a 100% stake. Rosso & Azzurro Wholesale Ltd is a young, small sized company, Pomanda has estimated its turnover at £4m with rapid growth in recent years.
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Rosso & Azzurro Wholesale Ltd Health Check
Pomanda's financial health check has awarded Rosso & Azzurro Wholesale Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £4m, make it smaller than the average company (£15.5m)
- Rosso & Azzurro Wholesale Ltd
£15.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 122%, show it is growing at a faster rate (6%)
- Rosso & Azzurro Wholesale Ltd
6% - Industry AVG
Production
with a gross margin of 27.8%, this company has a comparable cost of product (27.8%)
- Rosso & Azzurro Wholesale Ltd
27.8% - Industry AVG
Profitability
an operating margin of 17.9% make it more profitable than the average company (2.9%)
- Rosso & Azzurro Wholesale Ltd
2.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (48)
3 - Rosso & Azzurro Wholesale Ltd
48 - Industry AVG
Pay Structure
on an average salary of £43.9k, the company has an equivalent pay structure (£43.9k)
- Rosso & Azzurro Wholesale Ltd
£43.9k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£316.4k)
- Rosso & Azzurro Wholesale Ltd
£316.4k - Industry AVG
Debtor Days
it gets paid by customers after 82 days, this is later than average (42 days)
- Rosso & Azzurro Wholesale Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (29 days)
- Rosso & Azzurro Wholesale Ltd
29 days - Industry AVG
Stock Days
it holds stock equivalent to 173 days, this is more than average (117 days)
- Rosso & Azzurro Wholesale Ltd
117 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (6 weeks)
1 weeks - Rosso & Azzurro Wholesale Ltd
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (60.1%)
99.9% - Rosso & Azzurro Wholesale Ltd
60.1% - Industry AVG
ROSSO & AZZURRO WHOLESALE LTD financials
Rosso & Azzurro Wholesale Ltd's latest turnover from March 2024 is estimated at £4 million and the company has net assets of £2.8 thousand. According to their latest financial statements, Rosso & Azzurro Wholesale Ltd has 3 employees and maintains cash reserves of £50.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Feb 2023 | Feb 2022 | Feb 2021 | |
|---|---|---|---|---|
| Turnover | ||||
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | ||||
| Interest Receivable | ||||
| Pre-Tax Profit | ||||
| Tax | ||||
| Profit After Tax | ||||
| Dividends Paid | ||||
| Retained Profit | ||||
| Employee Costs | ||||
| Number Of Employees | 3 | 3 | 4 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Feb 2023 | Feb 2022 | Feb 2021 | |
|---|---|---|---|---|
| Tangible Assets | 15,915 | 8,290 | 6,987 | 6,212 |
| Intangible Assets | 940 | 940 | 940 | 600 |
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 16,855 | 9,230 | 7,927 | 6,812 |
| Stock & work in progress | 1,367,464 | 843,144 | 446,824 | 200,079 |
| Trade Debtors | 897,108 | 2,098 | 41,297 | 4,968 |
| Group Debtors | ||||
| Misc Debtors | 145,210 | 102,993 | 300,374 | 188,375 |
| Cash | 50,795 | 145,591 | 47,547 | 86,452 |
| misc current assets | ||||
| total current assets | 2,460,577 | 1,093,826 | 836,042 | 479,874 |
| total assets | 2,477,432 | 1,103,056 | 843,969 | 486,686 |
| Bank overdraft | ||||
| Bank loan | 11,037 | 11,760 | 8,706 | |
| Trade Creditors | 205,181 | 183,890 | 38,033 | 26,483 |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 2,231,510 | 1,406,613 | 1,087,676 | 556,800 |
| total current liabilities | 2,447,728 | 1,602,263 | 1,134,415 | 583,283 |
| loans | 22,919 | 33,846 | 41,294 | |
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | 3,979 | |||
| total long term liabilities | 26,898 | 33,846 | 41,294 | |
| total liabilities | 2,474,626 | 1,636,109 | 1,175,709 | 583,283 |
| net assets | 2,806 | -533,053 | -331,740 | -96,597 |
| total shareholders funds | 2,806 | -533,053 | -331,740 | -96,597 |
| Mar 2024 | Feb 2023 | Feb 2022 | Feb 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 5,150 | 3,382 | 2,803 | 392 |
| Amortisation | ||||
| Tax | ||||
| Stock | 524,320 | 396,320 | 246,745 | 200,079 |
| Debtors | 937,227 | -236,580 | 148,328 | 193,343 |
| Creditors | 21,291 | 145,857 | 11,550 | 26,483 |
| Accruals and Deferred Income | 824,897 | 318,937 | 530,876 | 556,800 |
| Deferred Taxes & Provisions | 3,979 | |||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | -723 | 3,054 | 8,706 | |
| Group/Directors Accounts | ||||
| Other Short Term Loans | ||||
| Long term loans | -10,927 | -7,448 | 41,294 | |
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -94,796 | 98,044 | -38,905 | 86,452 |
| overdraft | ||||
| change in cash | -94,796 | 98,044 | -38,905 | 86,452 |
rosso & azzurro wholesale ltd Credit Report and Business Information
Rosso & Azzurro Wholesale Ltd Competitor Analysis
Perform a competitor analysis for rosso & azzurro wholesale ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in M 4 area or any other competitors across 12 key performance metrics.
rosso & azzurro wholesale ltd Ownership
ROSSO & AZZURRO WHOLESALE LTD group structure
Rosso & Azzurro Wholesale Ltd has no subsidiary companies.
Ultimate parent company
1 parent
ROSSO & AZZURRO WHOLESALE LTD
12484620
rosso & azzurro wholesale ltd directors
Rosso & Azzurro Wholesale Ltd currently has 3 directors. The longest serving directors include Mr Jack Spellacy (Feb 2020) and Mr David Makin (Feb 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jack Spellacy | United Kingdom | 36 years | Feb 2020 | - | Director |
| Mr David Makin | 61 years | Feb 2020 | - | Director | |
| Mr Dale Thorpe | United Kingdom | 40 years | Feb 2020 | - | Director |
P&L
March 2024turnover
4m
+317%
operating profit
713.8k
0%
gross margin
27.8%
-4.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.8k
-1.01%
total assets
2.5m
+1.25%
cash
50.8k
-0.65%
net assets
Total assets minus all liabilities
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rosso & azzurro wholesale ltd company details
company number
12484620
Type
Private limited with Share Capital
industry
46410 - Wholesale of textiles
incorporation date
February 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
suite 0.4 george leigh street, manchester, M4 5DL
Bank
-
Legal Advisor
-
rosso & azzurro wholesale ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 2 charges/mortgages relating to rosso & azzurro wholesale ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
rosso & azzurro wholesale ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for ROSSO & AZZURRO WHOLESALE LTD. This can take several minutes, an email will notify you when this has completed.
rosso & azzurro wholesale ltd Companies House Filings - See Documents
| date | description | view/download |
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