Francis Gallery Limited

Francis Gallery Limited, based in Bath, UK, is a small, active company founded six years ago in 2018. Employing just three people, it holds £442,129 in assets and operates from a virtual address, registered at 37 Great Pulteney Street. The business is led by a single director and owner, Park Hyunsun Rosa. It functions as both a regular importer and exporter of art and antiques, with four months of import activity and sixty-one months of export activity recorded.

The company’s website reveals a dual presence: Los Angeles, US, and Bath, UK. It operates two galleries, showcasing a diverse range of contemporary artists. The LA gallery features works by James Plumb and Garc Dimofski, while the Bath gallery highlights Berend Boorsma. The website also functions as an online art marketplace, displaying featured artworks and news updates, including artist interviews and new collections.

Financially, Francis Gallery Limited presents a mixed picture. While cash reserves increased by 55% to £190,000, net assets still sits at a modest £32,000. Trade debtors increased by 35%, suggesting a need to manage customer payments, while creditors decreased by 7.3%, which is a positive sign. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant decrease in retained earnings—a 150% drop—raises concerns. The company is exempt from an audit, so the financial data is unaudited.

It's clear Francis Gallery Limited is navigating a challenging environment, balancing its online presence with physical gallery spaces. Whether it can sustain its growth and profitability remains to be seen, but its focus on contemporary art and international reach positions it for potential success.

Registered in England/Wales under the registration number 11677861, with a registered address at BA2 4DA, United Kingdom, Bath, 37 Great Pulteney Street.

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