Artbloc Company Ltd

Artbloc Company Ltd, based in Coventry, UK, is a small, family-run business with an active status, having been established nineteen years ago in December 2005. The company employs seven people and holds £122,360 in assets. It operates from a real address and is managed by three directors and two owners. Artbloc is an irregular importer, specializing in treated or layered fabrics for industrial use, with its last import activity occurring two months ago in November 2024.

The company’s website, Artbloc.co.uk, is currently "Opening Soon," requiring a password for access. The site suggests a future e-commerce platform, powered by an unknown system, and includes sign-up options for email and Facebook. It’s unclear what the site will offer beyond this, but it hints at a shift towards online sales.

Financially, Artbloc Company Ltd presents a mixed picture. Depreciation on plant and machinery increased by 18%, while bank borrowings decreased by 40%, suggesting a reduction in debt. However, cash reserves increased by a significant 160%, indicating improved liquidity. Creditors also rose by 54%, which could be a result of increased stock purchases. Equity, however, declined by 41%, a concerning trend. The company's small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in equity warrants further scrutiny. The company’s unaudited financial statements, with no auditor mentioned, rely on director-reported data.

Overall, Artbloc Company Ltd appears to be navigating a period of change. While improved cash flow is a positive sign, the declining equity and reliance on director-reported data raise questions about the company’s long-term financial health.

Registered in England/Wales under the registration number 05651917, with a registered address at CV3 6LX, Coventry, West Midlands, 28 Delaware Road, Styvechale.

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