Hang Up Pictures Limited

Hang Up Pictures Ltd is a small, active company based in London, UK, founded twelve years ago in 2012. With six employees and £1,090,446 in assets, it operates from a real address in Hoxton and is led by a solo founder who also serves as director and owner. The company runs an e-commerce site specializing in the retail sale of art and antiques, both through commercial galleries and online. It regularly imports art and antiques, with nineteen months of import activity recorded, and exports for an impressive eighty-six months, with the last export operation in January 2025.

The company’s website, HangUp Gallery Worldwide, positions itself as a specialist dealer in Banksy artwork, offering a wide range of prints and originals. It also showcases other contemporary artists, including Andy Warhol, Damien Hirst, and Yayoi Kusama, and provides services like art valuation and insurance. The site emphasizes its global network of buyers and its commitment to curating reputable artwork. It even hosts exhibitions and provides editorial content on the art market.

Financially, Hang Up Pictures Ltd shows some concerning trends. Current assets have decreased by 31%, dropping to £1,100,000, while net assets have fallen by 8.6% to £1,100,000. Bank borrowings have increased by 9.4%, reaching £160,000, and cash reserves have declined by 42% to £240,000. Creditors have also decreased by 32%, suggesting better management of short-term debts. The company’s small size—meeting two of three criteria for being a small company—helps it stay nimble, but the decrease in equity raises questions about its financial health. With no auditor mentioned, the figures rely on unaudited statements.

It’s clear that Hang Up Pictures Ltd is facing some financial pressures, despite its strong reputation in the art market. The company’s focus on high-value Banksy artwork and its global reach suggest a potential for growth, but it will need to carefully manage its finances to ensure its long-term sustainability.

Registered in England/Wales under the registration number 08187875, with a registered address at N1 5PH, United Kingdom, London, 10d Branch Place, Regents Canal, Hoxton.

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