MAZZOLENI ART LIMITED
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Cash
£1.5M
-8.2% vs 2024
Net assets
-£1.6M
-215.7% vs 2024
Employees
7
0% vs 2024
Profit before tax
-£1.1M
-2,059.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
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Material uncertainty over going concern
We draw attention to note 2.2 in the financial statements, which indicates that the company incurred a loss for the year ended 30 April 2025 of £1,092,550 and as of that date, the company's net liabilities were £1,598,994. The company's ability to continue as a going concern will depend on the ability of management to increase sales and gross profit margin as well as the continued financial support from the parent company and from its' shareholder, Mr L Mazzoleni. These events or conditions, along with the other matters as set forth in note 2.2, indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.
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2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
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Going-concern uncertainty disclosed
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Negative shareholders' funds
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-04-30
| Metric | Trend | 2024-04-30 | 2025-04-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £7,974,645 | £3,675,383 | -53.9% | |
| Operating profit | £305,958 | -£822,083 | -368.7% | |
| Profit before tax | £55,727 | -£1,091,761 | -2,059.1% | |
| Net profit | £123,875 | -£1,092,550 | -982% | |
| Cash | £1,617,396 | £1,484,235 | -8.2% | |
| Total assets less current liabilities | -£506,444 | -£1,598,994 | -215.7% | |
| Net assets | -£506,444 | -£1,598,994 | -215.7% | |
| Equity | -£506,444 | -£1,598,994 | -215.7% | |
| Average employees | 7 | 7 | 0% | |
| Wages | — | — | — | |
| Directors' remuneration | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-04-30 | 2025-04-30 |
|---|---|---|---|
| Operating margin | 3.8% | -22.4% | |
| Net margin | 1.6% | -29.7% | |
| Gearing (liabilities / total assets) | 103.7% | 112.4% | |
| Current ratio | 0.96x | 0.89x | |
| Interest cover | 1.21x | -3.05x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Standalone (parent only)
- Auditor
- Rawlinson & Hunter Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“We draw attention to note 2.2 in the financial statements, which indicates that the company incurred a loss for the year ended 30 April 2025 of £1,092,550 and as of that date, the company's net liabilities were £1,598,994. The company's ability to continue as a going concern will depend on the ability of management to increase sales and gross profit margin as well as the continued financial support from the parent company and from its' shareholder, Mr L Mazzoleni. These events or conditions, along with the other matters as set forth in note 2.2, indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GRACI, Jose | Director | 2017-03-07 | Oct 1981 | Italian |
| MULHERN, Frank | Director | 2025-09-01 | Mar 1963 | Irish |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KINGSLEY SECRETARIES LIMITED | Corporate Secretary | 2014-04-02 | 2015-05-29 |
| MAZZOLENI, Luigi | Director | 2014-04-15 | 2017-03-07 |
| MOSCA, Francesco | Director | 2017-03-07 | 2018-04-12 |
| PETTENUZZO, Elena | Director | 2018-04-12 | 2023-04-30 |
| QUIRK, Mark Colin John | Director | 2014-04-02 | 2014-08-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Luigi Mazzoleni | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2018-06-30 | Ceased 2018-06-30 |
| Davide Mazzoleni | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2018-06-30 | Ceased 2018-06-30 |
| Davide Mazzoleni | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2018-06-19 | Ceased 2024-09-19 |
| Luigi Mazzoleni | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2018-06-19 | Ceased 2024-09-19 |
| Anna Pia Schavina | Individual | Shares 25–50% | 2016-04-06 | Ceased 2018-06-29 |
| Giovanni Mazzoleni | Individual | Shares 25–50% | 2016-04-06 | Ceased 2018-06-29 |
| Mr Giovanni Mazzoleni | Individual | Shares 25–50% | 2016-04-06 | Ceased 2018-06-18 |
| Mrs Anna Pia Schavina | Individual | Shares 25–50% | 2016-04-06 | Ceased 2018-06-18 |
Filing timeline
Last 20 of 61 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-26 | AA | accounts | Accounts with accounts type full | |
| 2025-09-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-18 | CH01 | officers | Change person director company with change date | |
| 2025-09-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-03 | AA | accounts | Accounts with accounts type full | |
| 2024-09-25 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2024-09-25 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-09-25 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-09-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-09 | AA | accounts | Accounts with accounts type full | |
| 2023-09-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-18 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-26 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-11 | AA | accounts | Accounts with accounts type full | |
| 2023-04-21 | AA01 | accounts | Change account reference date company previous shortened | |
| 2022-09-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-27 | CH01 | officers | Change person director company with change date | |
| 2022-05-17 | AA | accounts | Accounts with accounts type full | |
| 2022-04-28 | AA01 | accounts | Change account reference date company current shortened | |
| 2021-12-21 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.