Kallos Gallery Limited

Kallos Gallery Limited is a small, active company based in London, UK, founded eleven years ago in 2013. It employs six people and holds £1,522,938 in assets, operating from a real address in Mayfair. With two directors and one owner, the company runs an e-commerce site specializing in art and antiques, regularly importing (12 months) and exporting (15 months) these items. It’s also classified as operating in the other professional, scientific and technical activities n.e.c. industries.

The website, Kallos Gallery, showcases a curated collection of artworks from the ancient world, alongside fairs, exhibitions, catalogues, and insights into the art market. It also features a section dedicated to fine jewellery and offers services like cookie management and mailing list subscriptions. The site clearly prioritizes a premium experience, emphasizing quality and expertise.

Financially, Kallos Gallery Limited’s performance shows some concerning trends. While current assets decreased by 22% to £1,500,000, the most worrying sign is the significant drop in equity, which plummeted 4.7% to -£12,000,000. Cash bank on hand has also seen a substantial decrease, falling 84% to £74,000. Trade debtors have increased dramatically, rising 340% to £160,000, potentially indicating difficulties in collecting payments. However, creditors have decreased by 7%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity is a red flag. The company is audited by Evans Mockler Limited.

In short, Kallos Gallery Limited is facing financial pressures despite its apparent expertise in the art market. The company’s reliance on continued funding from its parent company, Augustus Limited, is also noted in the financial report.

Registered in England/Wales under the registration number 08633299, with a registered address at W1J 5BQ, England, London, 6 Chesterfield Gardens.

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