Macdougall Arts Limited

Macdougall Arts Ltd from London UK: a small, active company founded 20 years ago, employs four people, and holds £1,342,743 in assets. Operating from a virtual address—where 57 other companies are registered—it’s a solo founder operation managed by one director and owner. The company regularly imports and exports art and antiques, with 18 months of import activity and 71 months of export activity, the most recent in January 2025 and July 2024 respectively.

The company’s website, Macdougall Arts, specializes in Russian art auctions, showcasing past auction highlights, exhibitions, and catalogues. It's a platform for buying and selling Russian art, with a focus on high-value pieces. The site also features a gallery catalogue, terms and conditions, and insights into the art market, catering to both seasoned collectors and those new to the world of Russian art. The site’s structure suggests a business model centered around auction sales and private sales, with a strong emphasis on provenance and expertise.

Financially, Macdougall Arts Ltd presents a mixed picture. Current assets have decreased by 34% to £1,300,000, while net assets have increased by 9.4% to £1,200,000. Cash reserves have increased by 32% to £990,000, suggesting improved liquidity. However, trade debtors have plummeted by 91%, which could indicate difficulties in collecting payments or a shift in credit policies. Creditors have also decreased significantly by 86%, which is a positive sign. 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 debtors warrants attention. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Overall, Macdougall Arts Ltd seems to be navigating a challenging environment, with a strong focus on its core business of art auctions. The increase in cash reserves is encouraging, but the decrease in debtors and the unaudited status of the accounts suggest a need for careful financial management.

Registered in England/Wales under the registration number 05175060, with a registered address at SW1Y 4JS, England, London, 33 St. James's Square.

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