Gallery Curated Ltd

Gallery Curated Ltd, based in London UK, is a small, active company founded seven years ago in 2017. With eight employees and £323,740 in assets, it operates from a real address and is led by a single director and owner, Vernon Tobias. The company regularly imports and exports furniture, lighting, and prefabricated buildings—41 months of import activity and 16 months of export activity recorded. It's a solo founder operation.

The company’s website is non-existent, making it difficult to ascertain its specific operations beyond the import/export activities. It appears to be a retail sale in commercial art galleries.

Financially, Gallery Curated Ltd presents a mixed picture. Current assets have dramatically decreased by 55%, falling to £320,000. Net assets have experienced a shocking decline of 210%, now sitting at -£180,000. Bank borrowings have surged by a staggering 260%, reaching £74,000, while cash reserves have also plummeted 44%, now at £10,000. Trade debtors have also seen a massive decrease, dropping 99%, leaving just £2,300. Creditors, however, have decreased by 39%, suggesting some improvement in debt management. 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 flexibility, but the sharp decline in equity is concerning. No auditor is mentioned, which is typical for small, exempt companies.

The significant drop in assets and the negative equity suggest that Gallery Curated Ltd may be burning through cash. The decrease in trade debtors could be a positive sign of improved collections, or it could indicate a slowdown in sales. The increase in bank borrowings suggests the company is relying on debt to finance its operations. It's possible the company is facing challenges in its core business, or perhaps it's investing heavily in new initiatives. The lack of information on the website makes it difficult to draw definitive conclusions, but the financial data paints a picture of a company facing headwinds.

Registered in England/Wales under the registration number 11074177, with a registered address at W8 4LT, England, London, 8 Holland Street.

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