Avantgart Gallery Limited

Avantgart Gallery Ltd from London UK: a small, active company founded 13 years ago, employs four people, and holds £1,341,402 in assets. It operates from a virtual address, managed by one director and one owner. The gallery regularly imports and exports art and antiques, with 11 months of import activity and 40 months of export activity recorded.

The company’s website, Avantgarde Gallery, lists a wide range of locations across the UK—from Aberdeen to Southend-on-Sea—suggesting a network of affiliated businesses or a broad delivery service. It appears to be primarily a picture framer and frame maker, with a physical address listed as 99 Boundary Rd, London NW8 0RG. The site also mentions related companies, including Avantgarde Construction and Avantgarde Security Systems Ltd, hinting at possible diversification.

Financially, Avantgart Gallery Ltd shows some concerning trends. While current assets increased by 18% to £1,300,000, net assets decreased by 8.9% to £490,000. Bank borrowings decreased by 22% to £80,000, and cash reserves fell by 81% to £58,000. Creditors increased by 32% to £770,000, which could indicate increased reliance on supplier credit. 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 drop in equity warrants attention. No auditor is mentioned, likely due to its status as a small company.

Overall, Avantgart Gallery Ltd seems to be navigating a challenging environment. While its import and export activities remain robust, the financial data suggests a need for careful management. The virtual address, combined with the wide geographic reach, raises questions about the company’s operational structure and its ability to sustain its current level of activity.

Registered in England/Wales under the registration number 07671320, with a registered address at EC4A 2DQ, United Kingdom, London, Second Floor, 150 Fleet Street.

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