Jc Gallery Limited

Jc Gallery Limited, based in Whyteleafe, UK, is a small, active company founded four years ago. With two employees and a virtual address, it’s a solo venture led by a single director and owner. The gallery regularly imports and exports art and antiques, with 5 months of import activity and 11 months of export activity recorded.

The company operates as a retail art gallery, selling artwork and collaborating with collectors and institutions. Its website details a focus on providing building services, including domestic and commercial construction, shopfitting, and office refurbs. JC Irvine Limited, the parent company, has been operating since 1999, gaining a reputation for reliability and quality. The site highlights a skilled team, free quotations, and a commitment to customer satisfaction.

Financially, Jc Gallery Limited presents a mixed picture. Accumulated depreciation for computer equipment increased by 73%, while leasehold improvements saw a 49% rise. Cash bank on hand surged dramatically, increasing by 640% to £51,000, a positive sign. However, creditors ballooned by 64% to £1.3 million, and equity plummeted 100% to -£860,000, a concerning trend. Trade debtors also increased by 1.5% to £68,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 10 employees. The unaudited accounts, prepared using Silverfin software, don’t mention an auditor.

The significant increase in creditors suggests the company may be burning through cash to maintain operations, while the drop in equity indicates a loss of value. The company's focus on art and antiques, combined with the building services offered by its parent company, creates a diverse portfolio, but the financial challenges need to be addressed for long-term sustainability.

Registered in England/Wales under the registration number 12987998, with a registered address at CR3 0BL, United Kingdom, Whyteleafe, Surrey, Bourne House, 475 Godstone Road.

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