Chiswick Auctions Ltd

Chiswick Auctions Ltd, based in Tolleshunt Major, UK, is a small, holding company with an active status. Founded seventeen years ago in 2008, it employs 52 people and holds assets of £1,463,627. The company operates from a virtual address—ninety-four other companies are registered at the same location—and is overseen by two directors and one owner. It’s a regular importer of art and antiques, with 25 months of import activity recorded, and a regular exporter, boasting 298 months of export activity.

The company’s website showcases a diverse range of auction offerings, including coins and banknotes, old masters, and modern living items. It also features a dedicated section for the "Art of Nature" auction and a timed online auction. The site actively promotes its services, including walk-in valuations, a monthly newsletter, and a blog with articles on topics like art investment and capital gains tax. The company’s locations include a showroom and valuation space in London, with sales held at various venues.

Financially, Chiswick Auctions Ltd shows some concerning trends. Current assets have decreased by 38% to £1,500,000, while net assets have plummeted 220% to -£250,000. Bank borrowings have spiked by 730%, reaching £69,000, and cash reserves have fallen 64% to £260,000. Creditors have also decreased by 30%, which is a positive sign. 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 agility, but the significant equity drop raises questions about its long-term sustainability. With no auditor mentioned, the figures rely on unaudited statements.

Despite these financial pressures, Chiswick Auctions Ltd appears to be maintaining a busy schedule of auctions and valuations, suggesting a continued demand for its services. Whether the company can overcome its financial challenges and continue its legacy as a prominent auction house remains to be seen.

Registered in England/Wales under the registration number 06507645, with a registered address at CM9 8LZ, Tolleshunt Major, Essex, Swiss House, Beckingham Street.

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