Hazlitt Holland-hibbert Limited
- Large
- Holding
- Active
- 23 years
- 7 employees
- £19,393,340 (assets)
- Real address
- 3 directors
- 4 owners
- Regular importer
- Regular exporter
- Rating 4.0 (21)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Phones
Summary
Hazlitt Holland-Hibbert Ltd is a large company, holding company, and active status, founded 23 years ago. With seven employees and £19,393,340 in assets, it’s a significant player in the art world. The company, based at a real address in London, is managed by three directors and owned by four individuals, boasting a Google rating of 4.0 from 21 reviews. It regularly imports and exports art and antiques, with 9 months of import activity and 19 months of export activity recorded.
The company operates as a retail art gallery, showcasing and selling modern and contemporary British art. Its website highlights upcoming exhibitions, including a display of work by Celia Paul and a loan exhibition of Bridget Riley’s early black and white works in New York. The gallery also presents a retrospective of Hockney’s early London period, demonstrating a focus on established and emerging British artists. It's clear that Hazlitt Holland-Hibbert Ltd is more than just a dealer; it's a platform for showcasing and promoting British art.
Financially, the company’s recent performance reveals some concerning trends. Current assets have decreased by 35% to £19 million, while net assets have fallen by 7.7% to £15 million. Bank borrowings have completely vanished, a positive sign, but cash reserves have plummeted 83% to just £190,000. Creditors have increased by 9.6%, and a significant loss of £7.8 million was reported. Staff costs decreased by 18%, and the company's tax expense credit increased by 160%. It's worth noting that the company’s turnover has dropped by 52%, from £31 million to £15 million. The company is audited by Azets Audit Services.
These figures suggest that Hazlitt Holland-Hibbert Ltd is facing financial pressures, despite its strong reputation and high-profile exhibitions. The decrease in assets and cash reserves, coupled with the loss, indicates a need for careful financial management. However, the complete elimination of bank borrowings suggests a successful effort to reduce debt. Whether the company can sustain its operations and continue to support British art remains to be seen.
Registered in England/Wales under the registration number 04366654, with a registered address at SW1Y 6BB, 38 Bury Street St Jamess, London.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Sydney Holdings Ltd
- 5 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 7 years
- 7
- 25%+
-
Resident of United Kingdom
-
Individual
- 7 years
- 6
- 25%+
-
Resident of United Kingdom
-
Individual
- 7 years
- 6
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 22 years
- 16
-
Resident of United Kingdom
-
Individual
- 23 years
- 8
-
Resident of United Kingdom
-
Individual
- 23 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2025-01-06 with no updatesDownload 3 pages pdf report
-
Full accounts made up to 2023-10-31Download 27 pages pdf report
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Confirmation statement made on 2024-01-06 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about Hazlitt Holland-hibbert Limited
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