Matthew Wood Fine Arts Limited

Matthew Wood Fine Arts Limited, based in Smethwick, UK, is a small, active company founded 22 years ago in 2002. With two employees and three directors, the company operates from a real address and is owned by two individuals. It’s a tight-knit operation, meeting two of the three conditions to be classified as small: turnover under £10.2 million and balance sheet total under £5.1 million.

The company’s website showcases Matthew Wood RCA’s artistic work: detailed gouache paintings of historic buildings and industrial landscapes, primarily from the UK. It’s clearly an artistic endeavor, with a focus on capturing architectural details and historical context. The website functions as an online portfolio and sales platform, featuring a gallery of artwork, contact information, and a CV. It doesn’t appear to be a full-blown e-commerce site with shopping carts or complex checkout processes; instead, it seems focused on showcasing work and facilitating direct sales or commissions.

Financially, Matthew Wood Fine Arts Limited’s recent report reveals a mixed picture. Current assets have vanished completely, dropping 100% to zero, while equity has declined by 16% to -£2,300. Accrued liabilities have increased slightly, by 5%, to £790. While creditors have fallen significantly, by 84%, to £1,500, this might indicate a reduction in short-term debt. The company’s small size helps it remain flexible, but the sharp drop in assets and the negative equity are concerning. The report is unaudited, and no auditor is mentioned, which is typical for small companies.

It’s clear the company is facing some financial pressures. The lack of current assets and the negative equity suggest it’s burning through cash, perhaps reinvesting in materials or marketing. However, the decrease in creditors suggests better management of short-term obligations. Whether the artistic venture can sustain itself financially remains to be seen, but the company’s focus on unique, high-quality artwork could provide a path to long-term success.

Registered in England/Wales under the registration number 04451374, with a registered address at B67 5BG, England, Smethwick, 78 Milcote Road.

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