I Feel Art Ltd

  • Small
  • Active
  • 6 years
  • £397 (assets)
  • Virtual address
  • 1 director
  • 1 owner
  • Solo founder
  • E-commerce

Field of Operation

Retail sale via mail order houses or via Internet
47910 204062 companies
Information technology consultancy activities
62020 167863 companies

Website

Social media

Summary

I Feel Art Ltd, based in London, UK, is a small, active company founded five years ago. With just £397 in assets and operating from a virtual address, it’s a solo founder venture led by a single director and owner, Lewis David. The company runs an e-commerce site focused on connecting people with art and artists, selling prints and artwork online.

The website, I Feel Art, showcases a wide range of art from emerging artists, categorized by style, price, and collection. It offers a curated selection of paintings, photography, sculpture, and more, catering to both seasoned collectors and those new to art buying. The site emphasizes affordability, global selection, and a satisfaction guarantee, positioning itself as a go-to destination for discovering and purchasing art. It also actively encourages artists to submit their work, fostering a community-driven platform.

Financially, I Feel Art Ltd presents a mixed picture. Current assets have decreased by 43%, dropping to £400, while net assets have also fallen, now at -£42,000. Creditors have increased by 23%, reaching £50,000, and bank cash has dropped significantly, down 43% to £400. The company’s small size—meeting two of three criteria for a small company—helps it remain nimble, but the substantial equity decline suggests it's burning through cash. The lack of employees (zero reported) points to a lean operation. As a small company, it’s exempt from an audit, so the financials are unaudited.

While the e-commerce site appears vibrant and actively promoting artists, the financials indicate a challenging period. Whether this is typical startup volatility or a more serious issue remains to be seen—but I Feel Art Ltd is clearly relying on its online presence and artist community to navigate these financial pressures.

Registered in England/Wales under the registration number 11964349, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street, Covent Garden.

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

Owners & PSC

  • Lewis David
  • 6 years
  • 75%+

Managers

  • Lewis David
  • 6 years
Director

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Total exemption full accounts made up to 2024-04-30
  2. Confirmation statement made on 2024-04-25 with updates
  3. Total exemption full accounts made up to 2023-04-30

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