Bettershared Limited

Bettershared Limited is a small, active company based in Brackley, UK, founded seven years ago in 2017. With just £577 in assets and a virtual address shared by forty-eight other companies, it’s a lean operation run by one director and owner. The company operates an e-commerce site specializing in contemporary African art, showcasing works from artists across the continent and diaspora. Its website highlights curated collections, affordable prints, and even offers art rental services for workplaces, alongside a quiz to help customers find their art style.

The company's website is a vibrant online gallery, showcasing a diverse range of artists and styles. It emphasizes supporting African artists and offering unique pieces for home décor. Blog posts discuss art trends, artist profiles, and even offer guidance on incorporating art into interior design. It’s clear Bettershared is more than just an online store; it's a platform for discovery and appreciation of African art.

Financially, Bettershared Limited presents a concerning picture. Net assets have plummeted to a staggering -£3,800, a dramatic shift from the previous year’s £260. Cash reserves have evaporated, falling 99% to just £27. Bank borrowings, however, have decreased by 55%, and creditors have also fallen, which is a positive sign. Trade debtors have increased, which could indicate issues with customer payments. The company’s small size (meeting two of three criteria for a small company) means it’s exempt from an audit, and the figures are unaudited.

It seems Bettershared Limited is experiencing significant financial challenges, despite its active e-commerce presence and focus on a niche market. The sharp decline in equity suggests the company may be burning through cash, and the lack of cash reserves is a cause for concern. Whether it can turn things around remains to be seen, but the company's focus on unique art and online presence could offer a path to recovery.

Registered in England/Wales under the registration number 10735917, with a registered address at NN13 6DN, England, Brackley, Unit 11 Glebe Farm, Farthinghoe.

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