International Art Trading Ltd

International Art Trading Ltd, based in London, UK, is a small, active company founded eight years ago. With a single employee and £538,991 in assets, it operates from a virtual address – a detail highlighted by the fact that sixty-five companies are registered at the same location. The company is led by one director and one owner, Matthew William James, who also serves as the director. It’s an irregular importer of art and antiques, with just one month of import activity recorded dating back to March 2019.

The company’s website, LTArt, presents a unique business model: fractional art ownership. It allows investors to purchase shares in high-value artworks, starting at just £125, with a focus on works by renowned artists like Marc Chagall. The platform emphasizes the potential for art to act as a safe haven asset, particularly during economic uncertainty, and highlights the potential for appreciation, citing historical data on Chagall’s market performance. LTArt also organizes exhibitions and offers a rental program to museums and institutions, aiming to increase the visibility and accessibility of the artworks. The company's female-led team combines art and tech to democratize the art market, partnering with legal firm Withersworldwide and wealthtech firm 1fs Wealth.

Financially, International Art Trading Ltd shows a mixed picture. Cash reserves increased significantly by 140% to £220,000, while trade debtors decreased by 24% to £150,000. Creditors, however, jumped 380% to £67,000, and bank borrowings increased by 31% to £130,000. The company’s net assets increased by 14% to £470,000. These figures, presented without an auditor, suggest a company that is managing its cash flow effectively but is also relying on credit to support its operations. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the increase in creditors raises questions about its long-term financial sustainability. It’s possible the company is investing heavily in acquiring artwork to offer on its platform, which would explain the increased borrowing.

Registered in England/Wales under the registration number 10472051, with a registered address at EC4R 2SU, England, London, 106-107 Dowgate Hill House 14-16 Dowgate Hill.

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