Harmony Art Limited

Harmony Art Limited, based in London, UK, is a small, active company founded 14 years ago in May 2010. With three employees and £5,902,596 in assets, it’s a modest operation led by a single director and owner, Antichi Mark Albert John, who also serves as the solo founder. The company’s registered address is real, with only one other company registered at the same location. It operates in the other business support service activities n.e.c. industries.

Harmony Art Limited is primarily a regular importer, specializing in art and antiques for 11 months, with the last import operation recorded in September 2020. It also engages in irregular exporting, with just one month of export activity for art and antiques as of November 2023. The company’s website is currently unavailable, making it impossible to assess its e-commerce presence or specific online activities.

Financially, Harmony Art Limited presents a mixed picture. While current assets increased by 3.5% to £5,900,000, equity decreased by 14% to £250,000. Bank borrowings increased by 4.9% to £520,000, and cash reserves increased by 4.9% to £520,000. Trade debtors decreased by 20%, which is a positive sign. The company meets the criteria for being a small company, with a turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The accounts are unaudited, and no auditor is mentioned.

The company’s financial data suggests a period of transition. While assets and cash reserves have increased, the decline in equity indicates a potential need for investment or improved profitability. The decrease in trade debtors could be a result of better credit control, or it could signal a slowdown in sales. The lack of a website makes it difficult to fully understand the company’s business model, but its focus on art and antiques suggests a niche market with potential for growth.

Registered in England/Wales under the registration number 07246828, with a registered address at W11 2AB, United Kingdom, London, 1st Floor 34 Ledbury Road.

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