Illusionaries Ltd

Illusionaries Ltd from London UK: a small, active company founded two years ago, employs sixteen people, and holds £263,512 in assets. It operates from a virtual address—a point of interest as 93,099 other companies share the same location—and is led by two directors and two owners, with recent changes to both lists. Google reviews are stellar, boasting a 5.0 rating from 706 reviews. The company is an irregular importer of aluminum and aluminum products, with just one month of import activity recorded as of September 2023.

The company’s website showcases “Illusionaries Experiential Art Hub,” offering immersive exhibitions and a captivating space for contemporary digital art. Visitors can purchase tickets online and explore exhibitions like "Latent Spaces" and "Entheon," described as meditative and visionary experiences. The site also provides details on getting to the venue, located in Canary Wharf, and includes links to privacy policies, cookie policies, and contact information. It’s clear the company focuses on creating memorable, sensory experiences for its audience.

Financially, Illusionaries Ltd presents a mixed picture. While current assets remain stable at £260,000, net assets have fallen to -£63,000, indicating accumulated losses. Bank borrowings are stable, and cash reserves are also steady at £120,000. Trade debtors are at £140,000, and creditors are also at £360,000. The company’s small size—meeting two of three conditions for classification—helps it remain agile, but the negative equity is a concern. Being exempt from an audit, the figures are unaudited.

It seems the company is burning through money, despite its high Google rating and popular exhibitions. The recent changes to the director and owner lists could indicate a restructuring or shift in strategy, but it’s difficult to say for sure.

Registered in England/Wales under the registration number 14510054, with a registered address at MK5 8FR, Knowlhill, Milton Keynes, Ground Floor, Baird House, Seebeck Place.

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