Artistic Solutions Ltd

Artistic Solutions Ltd from Hartlepool, UK, is a small, active company founded thirteen years ago. With eight employees and £126,244 in assets, it's a well-established operation, boasting a stellar 5.0 Google rating from ten reviews. The company operates from a real address and is led by one director and one owner. It’s an irregular importer, primarily dealing with electrical machinery and equipment, with the last import operation occurring one months ago.

The company's website showcases a business specializing in technical equipment hire and project services for events, exhibitions, and education. It's not a traditional e-commerce site; instead, it functions as a service provider, offering equipment rental, installation, and project support. The website highlights a focus on providing complete solutions, from design and equipment selection to on-site installation and technical support. It even has a separate section dedicated to piano restoration, indicating a diversification of services beyond its core event equipment rental business.

Financially, Artistic Solutions Ltd presents a mixed picture. While current assets grew by a respectable 74% to £130,000, net assets experienced a concerning 57% drop to £63,000. Bank borrowings remained stable at £140,000, but cash reserves saw a dramatic 930% increase to £8,300 – a positive sign. Creditors also increased significantly, rising by 210%, which could indicate increased investment in inventory or expansion of operations. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The accounts are unaudited, which is typical for small companies.

Overall, Artistic Solutions Ltd seems to be navigating a period of change. While the surge in cash reserves is encouraging, the decline in net assets warrants closer attention. The company's diversification into piano restoration could be a strategic move to broaden its revenue streams, but it also introduces new complexities.

Registered in England/Wales under the registration number 08021538, with a registered address at TS25 2FE, England, Hartlepool, Unit 17 Enterprise Court, Queens Meadow Business Park.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.