Marlborough Fine Art (london) Limited

Marlborough Fine Art London Ltd is a large, active company established 57 years ago, incorporated on January 11, 01968. Employing 16 people, it holds £6,493,592 in assets and generates £3,358,752 in yearly revenue. Based at a real address in London, the company operates with two directors and, surprisingly, no listed owners. It boasts a stellar 5.0 Google rating from 42 reviews and is a regular importer and exporter of art and antiques, having imported for 15 months and exported for a substantial 113 months.

The company’s history is rich, having been founded in London in 1946 and expanding to New York City in 1963. It played a pivotal role in shaping the international art world, representing numerous influential artists, including Francis Bacon, Richard Diebenkorn, and Rufino Tamayo. However, in April 2024, Marlborough Gallery announced it would be winding down operations at all its galleries, bringing its 78-year history to a close. The company’s extensive inventory will be dispersed over the coming months and years, with proceeds donated to cultural institutions.

Financially, the picture is mixed. While turnover remains substantial, net assets have plummeted by a significant 85%, falling to £810,000. Cash reserves have also declined, dropping 59% to £910,000. Bank borrowings have increased, and creditors have decreased, suggesting better debt management. Despite these challenges, the company’s long history and established reputation provide a solid foundation. Nyman Libson Paul LLP served as the auditor. The company’s small size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and fewer than 250 employees) helps it stay agile, but the sharp equity drop raises questions.

Registered in England/Wales under the registration number 00925765, with a registered address at W1X 4BY, 6 Albemarle Street, London.

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