Artway Ltd

Artway Ltd from Southampton, UK, is a small, family-run business with an active status, established eleven years ago in 2013. Employing ten people, the company holds £1,340,639 in assets and operates a real address, managed by two directors and owners. It's a thriving e-commerce site with a stellar 5.0 Google rating from 21 reviews, and regularly imports and exports paper and paperboard products—76 months of importing and 24 months of exporting.

The company’s website, Artway Art Supplies, is a comprehensive online retailer specializing in art materials. It offers a wide range of products, from sketchbooks and paper to paints, brushes, and printmaking supplies, catering to artists of all levels. The site is well-organized, with clear product categories, detailed descriptions, and helpful blog posts on topics like fixative spray and collagraph printing. It even has a warehouse sale section, offering discounted items.

Financially, Artway Ltd shows a mixed picture. Current assets increased by 17%, reaching £1,300,000, while net assets grew by 9.2% to £920,000. Bank borrowings remained stable at £19,000, and cash reserves saw a healthy 51% increase to £94,000. However, creditors rose significantly by 35% to £440,000, and trade debtors jumped 58% to £540,000, suggesting a potential need to manage cash flow more closely. 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. No auditor is mentioned, likely due to its small size.

The increase in debtors is something to keep an eye on, as it could indicate delayed payments from customers. The rise in creditors, however, suggests the company is investing in its business, perhaps by purchasing more inventory or expanding its operations. Overall, Artway Ltd appears to be a financially stable business with a strong online presence and a loyal customer base, but it should monitor its cash flow to ensure continued success.

Registered in England/Wales under the registration number 08739577, with a registered address at SO15 1GA, England, Southampton, Hampshire, Oceana House First Floor, 39-49, Commercial Road.

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