Alban Shipping Limited

Alban Shipping Ltd, based in Old Hatfield, UK, is a small, family-run business with an active status, celebrating 35 years in operation. Employing 25 people and holding assets of £485,418, the company operates from a virtual address, a detail that raises some questions. It's managed by three directors and owned by two individuals, Jackman Andrew Charles and Jackman Astelle Jane.

Alban Shipping specializes in art and antique logistics, acting as a regular exporter (227 months) but an irregular importer (2 months). The company’s website showcases a comprehensive range of services, including casemaking, packing, storage, transport, and customs clearance, catering to auction houses, collectors, and dealers. It even offers picture hanging and exhibition services, highlighting its versatility. The website also features a UK auction house directory and testimonials from satisfied clients, like Kodak and Summers Place.

Financially, the company’s numbers present a mixed picture. Current assets have decreased by 22%, falling to £490,000, while net assets have plummeted 27%, landing at £380,000. Bank borrowings have also decreased, reaching zero. Trade debtors have fallen by 30%, which could indicate improved collection practices, but cash reserves have also dropped 19% to £370,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, and the financial statements are unaudited. The decrease in property plant equipment is also notable, with a 12% drop in plant machinery. It’s likely that the company is facing some challenges, but its focus on specialist services and its established reputation in the art and antique sector could help it navigate these pressures.

Registered in England/Wales under the registration number 02476648, with a registered address at AL9 5BG, United Kingdom, Old Hatfield, Hertfordshire, Broad House, 1 The Broadway.

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