Convelio Fine Art Limited

Convelio Fine Art Ltd, based in Lingfield, UK, is a small, holding company with an active status. Founded 22 years ago in 2002, it employs 18 people and holds £1,260,124 in assets. Operating from a virtual address – with 16 other companies registered at the same location – it’s managed by two directors and one owner. The company regularly imports and exports art and antiques, having imported for 17 months and exported for 6 months, with the latest activity occurring in February 2025.

The company’s website suggests a service-oriented approach, requiring users to utilize Chrome, Firefox, Safari, or IE with Javascript enabled. This indicates a platform-based operation, likely facilitating art logistics rather than direct e-commerce sales. It's a freight transport by road company.

Financially, Convelio Fine Art Ltd presents a mixed picture. While cash reserves have increased significantly by 69%, rising to £760,000, net losses deepened to -£23,000. Creditors have also increased substantially, jumping 51% to £460,000, which could indicate increased reliance on credit. The number of employees has decreased by 17%, falling to 15, which might reflect restructuring or cost-cutting measures. Despite this, the company’s assets have grown by 29% to £1.3 million. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited accounts, prepared by FC Expertise Ltd, show a decrease in future minimum lease payments, suggesting a reduction in long-term commitments. The company’s trade debtors have decreased by 5%, which could be a positive sign of improved payment collection.

Registered in England/Wales under the registration number 04586519, with a registered address at RH7 6DN, Lingfield, Surrey, Eastbourne House, 2 Saxbys Lane.

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