Ashti Fine Art Ltd.
- Small
- Active
- 11 years
- 1 employee
- £1,751,073 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Irregular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Ashti Fine Art Ltd is a small, active company based in London, UK, established eleven years ago in February 2014. With a real address and two directors and owners, the company employs just one person and holds assets valued at £1,751,073. It's a regular importer of art and antiques, with three months of import activity recorded, the latest in December 2024. Export activity is less frequent, with just one month of exports noted, occurring in November 2021.
The company's website highlights a focus on art advisory services, with sections dedicated to "About Us," "Services," "Artists," and "Contact." It operates by appointment only, suggesting a personalized, high-end approach. The website’s design is clean and simple, with a tab-based navigation system. It’s clear that Ashti Fine Art is not primarily an e-commerce operation, but rather a consultancy focused on art acquisition and management.
Financially, Ashti Fine Art Ltd presents a mixed picture. While current assets have increased significantly, jumping 300% to £1,800,000, other indicators suggest potential financial strain. Cash reserves have plummeted 85%, dropping to just £28,000, and creditors have surged 170% to £470,000. Fixed assets have experienced a dramatic 94% decrease, falling to £67,000. 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 sharp decline in equity—a 7.4% drop to £1,300,000—is concerning. There is no auditor mentioned, which is common for small companies.
Overall, Ashti Fine Art Ltd appears to be navigating a period of transition. While its art advisory services seem to be operating, the financial data indicates that the company is burning through cash, and needs to manage its debts. The significant increase in creditors suggests a need to carefully monitor cash flow and potentially renegotiate payment terms.
Registered in England/Wales under the registration number 08883984, with a registered address at NW3 5DL, England, London, 84 Northways College Crescent.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Matta Arti
- 8 years
- 25%+
-
Resident of United Kingdom
-
Individual
- Uttamchandani Daswani Ashwin
- 8 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Uttamchandani Daswani Ashwin
- 11 years
-
Resident of United Kingdom
-
Individual
- Matta Arti
- 11 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Unaudited abridged accounts made up to 2024-02-28Download 8 pages pdf report
-
Confirmation statement made on 2024-12-07 with no updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2023-02-28Download 8 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Ashti Fine Art Ltd.
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