Jax Art Limited

Jax Art Ltd, based in Birmingham, UK, is a small holding company with an active status, established 23 years ago. The company employs just two people and holds £244,667 in assets, operating from a real address. With one director and one owner, Jax Art Ltd functions as an irregular importer of ceramic products, with just one month of imports recorded as of July 2016.

The company’s website, The Art of Design Magazine, is a digital publication showcasing luxury home interiors and design trends. It features articles, interviews, and product spotlights from various brands, targeting architects, designers, and homeowners seeking inspiration and high-end design solutions. The site doesn't appear to be an e-commerce platform itself, but rather a curated showcase of design products and a platform for advertising. It’s a well-designed site with a focus on visual content and a strong social media presence.

Financially, Jax Art Ltd presents a mixed picture. While current assets have increased significantly, jumping 360% to £240,000, net assets have taken a hit, dropping 17% to -£680,000. Bank borrowings have risen sharply, increasing by 3.5% to £890,000, and cash reserves have declined by a dramatic 94%, leaving just £1,400. Creditors have also increased by 6%, reaching £930,000. The company’s small size (meeting two of three conditions for being classified as small) allows for flexibility, but the substantial equity decline suggests potential financial pressures. The company is exempt from an audit, so the figures are unaudited.

It seems that Jax Art Ltd is likely facing challenges in managing its liabilities, despite a boost in current assets. The magazine’s focus on high-end design and advertising revenue may be vulnerable to economic fluctuations, and the company’s reliance on external funding, as indicated by the high borrowings, could create further risks.

Registered in England/Wales under the registration number 04346589, with a registered address at B11 2LQ, Birmingham, Unit 15 Tyseley Industrial, Estate Seeleys Road Tyseley.

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