18at Originals Ltd

18at Originals Ltd is a small, active company based in Cheadle, UK, founded four years ago. It’s a solo venture with one employee and £1,725 in assets, managed by a single director and owner, Hughes Timothy David. The company operates in the retail sale via mail order houses or via internet industries.

The company's website, MarieClaire Fine Art, showcases the work of artist MarieClaire Allsopp, specializing in evocative pieces inspired by Northern Ireland’s landscapes and cityscapes. The site features a range of prints, canvas art, homeware, and gifts, with a particular emphasis on hand-embellished canvas prints and pet portraits. It’s clearly an e-commerce operation, offering a curated selection of fine art prints and related products. The site’s design is clean and user-friendly, and the focus on artist MarieClaire Allsopp’s work gives it a distinct personality.

Financially, 18at Originals Ltd presents a mixed picture. Current assets have fallen by a significant 52% to £1,700, while net assets have plummeted 93% to a mere £89. Bank borrowings remain unchanged, but cash reserves are low. Creditors have also decreased by 27%, which could be a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity raises concerns. The accounts are abridged and unaudited, and there's no auditor mentioned, which is common for small companies.

Overall, 18at Originals Ltd appears to be struggling financially, burning through cash faster than it's generating revenue. While the artist’s work seems well-received online, the company needs to find a way to improve its financial health to ensure its long-term viability.

Registered in England/Wales under the registration number 12978075, with a registered address at SK8 5PF, England, Cheadle, 102 Crossefield Road, Cheadle Hulme.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.