Callaghan Fine Paintings Limited

Callaghan Fine Paintings Ltd, based in Shrewsbury, UK, is a small, active family business established 23 years ago. Employing seven people, the company holds assets worth £832,297 and operates from a real address. With three directors and two owners, it’s a well-established enterprise. The company regularly imports and exports art and antiques, with 27 months of import activity and 78 months of export activity recorded, the latest in January 2025.

The company’s website showcases a diverse collection of fine art, from 19th and 20th-century oils to contemporary bronze sculptures and Carlo Bugatti furniture. It appears to operate primarily as a gallery and online retailer, offering both in-person viewings and an extensive online catalog. The website also highlights art world pop-up events and collaborations, suggesting an active engagement with the local art scene. The company's website also features a blog, with recent posts discussing Tobias Martin's sculptures and the English Homes magazine.

Financially, Callaghan Fine Paintings Ltd shows some concerning trends. Current assets decreased by 18% to £830,000, while net assets also dropped, although less significantly, by 3.9% to £580,000. Bank borrowings increased substantially by 76% to £220,000, and cash reserves plummeted 92% to just £5,900. Trade debtors increased dramatically by 340%, suggesting potential issues with customer payments. 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 decrease in cash reserves is something to keep an eye on. No auditor is mentioned, likely due to its status as a small company.

Overall, Callaghan Fine Paintings Ltd seems to be navigating a challenging period. While the art market may be robust, the company’s financial performance suggests a need for careful management.

Registered in England/Wales under the registration number 04364771, with a registered address at SY1 1ED, Shrewsbury, Shropshire, 22 St Marys Street.

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