Malabart Gallery Limited

Malabart Gallery Limited, based in London, UK, is a small, active company founded seven years ago in 2017. Employing just two people, the gallery holds £581,746 in assets and operates from a real address in Shepherdess Walk. With a solo founder and one director, it’s a lean operation focused on art dealing. The gallery regularly imports art and antiques, with 3 months of import activity recorded, and occasionally exports, with just one month of export activity as of June 2019.

Malab'Art Gallery specializes in showcasing art from the 20th century, with a strong focus on the School of Paris and artists from Eastern Europe. The gallery’s website highlights its dedication to overlooked and underestimated artists, particularly those connected to the La Ruche artist community in Montparnasse. It also features a significant focus on Alexis Gritchenko, with a published monograph and several exhibitions dedicated to his work. The gallery operates both online and through physical exhibitions, offering a diverse range of mediums including paintings, graphics, engravings, collages, and sculptures. The website clearly states that all artwork is available for purchase.

Financially, Malabart Gallery Limited presents a mixed picture. While net assets increased by 32% to £130,000, cash reserves plummeted 97% to just £1,800. Prepayments and accrued income saw a dramatic increase of 1000%, reaching £1,500, which could indicate a shift in payment terms. Trade debtors remained consistent at £33,000, suggesting stable customer payments. 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 sharp decline in cash reserves is concerning. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited director’s reports.

The company’s focus on niche art and its online presence suggest a targeted approach, but the financial data reveals potential challenges. It’s unclear if the company is burning through cash to fuel its operations, or if this is a temporary fluctuation.

Registered in England/Wales under the registration number 11070740, with a registered address at W4 3NR, England, London, 17 Pyrmont Road.

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