Fine Art Cards Limited

Fine Art Cards Limited is a small, active company based in Polegate, UK, founded seven years ago in 2018. With £130,198 in assets and a real registered address, it employs just one person and is overseen by two directors and a single owner. The company operates in the printing and retail sectors, specifically through mail order and internet sales.

The business’s website showcases a range of art cards and prints, suggesting a focus on artistic reproductions and bespoke designs. While no specific e-commerce platform is immediately apparent, the site’s design hints at a direct-to-consumer model, with an emphasis on quality and artistic merit. It seems like they're selling directly to customers, which is good.

Financially, Fine Art Cards Limited presents a mixed picture. Cash reserves remained relatively stable, increasing slightly by 3.9% to £110,000. However, trade debtors decreased by 9.0% to £17,000, which could indicate slower payments from customers. Accumulated depreciation increased by 44%, reflecting the wear and tear on equipment, and fixed assets saw a significant decline of 82.0%. Net assets remained steady at £120,000, but the company’s small size (meeting two of three criteria for a small company) means it’s likely exempt from an audit, relying on unaudited accounts.

Overall, Fine Art Cards Limited appears to be a modest operation navigating the challenges of a competitive market. The steady cash position is encouraging, but the decrease in debtors and the depreciation on fixed assets are worth keeping an eye on. It’s a small company, so it’s probably fine, but it's always good to be aware.

Registered in England/Wales under the registration number 11281748, with a registered address at BN26 6PG, United Kingdom, Polegate, 2 Cresta Close.

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