Connaught Brown Public Limited Company

Connaught Brown Plc from London UK: a large company with an active status, was founded 40 years ago in 1984. It employs six people and holds assets valued at £8,143,435. Based at a real address, the company is overseen by four directors and one owner, boasting a Google rating of 4.0 from five reviews. Connaught Brown regularly imports and exports art and antiques – importing for three months and exporting for eighteen months.

The company's website showcases a curated selection of artworks and provides a viewing room for online exhibitions. It uses cookies to help improve your experience on the website, with options for strictly necessary, preferences and functionality, statistics, and marketing. The site’s design is clean and modern, reflecting a focus on high-end art sales.

Connaught Brown’s financial data reveals a mixed picture. While cash and cash equivalents increased by a significant 110%, reaching £5,400,000, net assets only grew slightly, by 7.4%, to £7,100,000. Turnover decreased by 37%, dropping to £680,000, which could be due to market conditions or a shift in sales strategy. Bank borrowings decreased by 29%, to £64,000, suggesting better debt management. The company’s directors remuneration decreased by 33%, to £590,000. Despite a decrease in administrative expenses, the company still reported a net loss. The company’s audit was performed by Blinkhorns, and the accounts were audited.

The company’s small employee count (six) means it meets two of the three conditions for a small company, and it is likely exempt from an audit. The decrease in turnover is something to watch, but the increase in cash reserves provides some buffer. The company’s focus on art and antiques, combined with its established presence in London, suggests a resilient business, though it’s important to monitor its financial performance closely.

Registered in England/Wales under the registration number 01852837, with a registered address at W1S 4HD, London, 2 Albemarle Street.

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