Art Req Limited

Art Req Limited, based in Glasgow, UK, is a small, active company founded ten years ago in 2014. With just one employee and £76,238 in assets, it operates from a real address at Unit 49 Anniesland Business Park. The company is led by one director and owner, Alan Black Stuart, and currently holds a 2.0 Google rating based on three reviews—not the best, but it’s something. The business focuses on retail sales via mail order and internet, a competitive space.

The company’s website, while not extensive, showcases a range of art supplies and related products. It appears to be a straightforward e-commerce operation, with a focus on serving artists and creative individuals. There’s no elaborate marketing or brand storytelling, suggesting a more functional, business-to-business approach alongside direct consumer sales.

Financially, Art Req Limited presents a mixed picture. Current assets have fallen by 13% to £76,000, while cash reserves have increased slightly to £5,000. However, creditors have decreased significantly by 30% to £17,000—a positive sign of improved debt management. Equity has also fallen by 6% to £60,000. 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 decrease in equity could indicate a period of reinvestment or reduced profitability. The company is exempt from an audit, so the figures are unaudited.

The director, Alan Black, also owns Artists Surfaces Limited, which operates from the same premises and pays all running costs—a share of rent and telephone is accounted for in Art Req Limited. This arrangement could be efficient, but it also introduces potential complexities in financial reporting. Overall, Art Req Limited seems to be navigating the challenges of a small e-commerce business, with a focus on core operations and cost management.

Registered in Scotland under the registration number SC482611, with a registered address at G13 1EU, Glasgow, Unit 49 Anniesland Business Park.

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