Arty Lifestyle Ltd

Arty Lifestyle Ltd is a small, active company based in Northampton, UK, established ten years ago in May 2015. With a single employee and £25,691 in assets, it’s a family business founded and managed by a solo entrepreneur. The company operates from a real address and is overseen by one director and two owners, though the owner list changed two years ago. It’s a regular importer, primarily of furniture, lighting, and prefabricated buildings, with 7 months of import activity recorded, the last in June 2023. The company operates in the "other service activities n.e.c." industries.

The company’s website, artya.com, showcases a luxury accessories brand with a strong emphasis on handmade leather goods, ballpoint pens, and motorcycles. It features a collection of "ArtyA Bags," "ArtyA Ballpoints," and "ArtyA Motorcycles," alongside artistic projects and a section dedicated to "About Us." The website also highlights a Swiss-based sister company, ArtyA SA, which specializes in high-end piano restoration and disaster recovery services. The website is very well designed, and the pictures are very nice.

Financially, Arty Lifestyle Ltd is facing some challenges. Current assets have decreased significantly by 53%, dropping to £26,000, while net assets have plummeted 120%, reaching -£210,000. Bank borrowings have decreased by 27%, falling to £16,000, and cash reserves have fallen 98%, leaving only £68. Creditors have increased by 67%, rising to £23,000. Trade debtors have decreased by 63%, falling to £19,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s nimble, but the substantial equity decline suggests it’s burning through money. As a small company, it’s exempt from an audit, so the figures are unaudited.

It seems Arty Lifestyle Ltd is struggling to maintain financial stability, despite its well-crafted brand and website. The Swiss-based sister company, meanwhile, appears to be thriving in the high-end piano market. Whether the two can support each other remains to be seen.

Registered in England/Wales under the registration number 09578283, with a registered address at NN7 3DB, England, Northampton, Northamptonshire, 2a Rickyard Barn, Stoke Road.

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