Kate Macgarry Limited

Kate Macgarry Limited, based in London, UK, is a small, active company established 22 years ago in 2002. It employs five people and holds assets valued at £557,537. The company, with two directors and one owner, operates a real address and maintains an e-commerce site. It’s a regular importer of art and antiques, with nine months of import activity recorded, and a regular exporter, boasting 79 months of export activity.

The company's website, Kate MacGarry, showcases a curated selection of contemporary art, representing both established and emerging artists. The site features detailed artist profiles, exhibition listings, and art fair appearances, reflecting a focus on promoting and selling artwork. It also highlights a commitment to sustainability, with information on ethical sourcing and environmentally friendly practices. The site uses cookies, which is normal.

Financially, Kate Macgarry Limited’s numbers present a mixed picture. Current assets have dipped slightly, falling by 1.5% to £560,000. However, net assets have seen a more substantial decline, dropping 11% to £480,000. Trade debtors have increased significantly, up 44% to £330,000, which could indicate a strategy of extending credit to customers. Cash reserves have decreased by 35% to £200,000. Creditors have also risen, increasing by 59% to £130,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity raises questions about its long-term financial health. The accounts are abridged and unaudited, and no auditor is mentioned.

Overall, Kate Macgarry Limited appears to be navigating a period of change. While the e-commerce platform and art dealings seem active, the financial data suggests a need for careful management to ensure stability and sustainable growth.

Registered in England/Wales under the registration number 04556418, with a registered address at E2 7HR, London, 27 Old Nichol Street.

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