Maddox Fa Limited

Maddox Fa Ltd from London UK: small company, active status, founded 9 years ago, 11 employees, £942,561 assets, virtual address, 2 directors, 1 owner, solo founder. Regular importer of art and antiques (3 months imported). Regular exporter of art and antiques (19 months exported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £942,561.

Maddox Fa Ltd operates as a luxury contemporary art gallery with locations in London, Gstaad, and Los Angeles. Their website showcases a diverse range of artists, from Banksy to Yayoi Kusama, and offers services like art advisory and new arrivals. The gallery's online presence highlights its focus on investment-grade art, with sections dedicated to artists and collections. They also have a news section with regular updates on art market trends and gallery events.

The company’s financial picture reveals a concerning trend. While the company has £942,561 in assets, its net assets have plummeted by a staggering 140%, landing at -£500,000. Current assets have also seen a dramatic drop of 81%, falling to just £940,000. Bank borrowings have increased significantly, and cash reserves have decreased by 45%, now sitting at £550,000. Trade debtors have also fallen considerably, suggesting a possible struggle to collect payments. The company’s small size—meeting two of three criteria—helps it remain agile, but the sharp decline in equity raises questions about its financial health. It's worth noting that the company is exempt from an audit, so the figures are unaudited.

Despite these challenges, Maddox Fa Ltd's multiple locations and focus on high-end art suggest a continued commitment to the luxury art market. The company’s diverse range of artists and services, combined with its online presence, indicates an attempt to attract both seasoned collectors and new investors. Whether this strategy will be enough to overcome the recent financial headwinds remains to be seen.

Registered in England/Wales under the registration number 09833235, with a registered address at SS9 2NA, Essex, 1066 London Road Leigh-On-Sea.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.