Matthiesen Limited

Matthiesen Limited is a small, active company based in London, UK, with a history stretching back 47 years. Founded in 1978 by a solo entrepreneur, the company currently employs just one person and holds assets totaling £11,248,560. It operates from a real address in Mason's Yard and is overseen by three directors and four owners. Matthiesen Limited specializes in the retail sale of art in commercial galleries.

The company’s business model involves importing and exporting art and antiques, though activity is irregular, with just one month of import and export activity recorded in recent years. It's a niche operation, clearly focused on a specific clientele. The company’s website, Matthiesen Gallery, highlights its expertise in Italian, French, and Spanish Old Master paintings, suggesting a focus on high-end art dealing. The gallery also offers specialist services like restoration and conservation, indicating a broader range of expertise.

Financially, Matthiesen Limited’s picture is complex. While current assets increased by a respectable 9.7% to £12 million, net losses deepened to -£23,000. Creditors surged by a staggering 940%, reaching £1.1 million, which could be due to increased stock purchases or delayed payments. Trade debtors, however, decreased by 19%, suggesting improved collection efforts. Despite the increase in creditors, cash reserves remain healthy at £8 million. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the increase in debt warrants close attention. As a small company, it is exempt from an audit, and the figures are unaudited.

The company’s irregular import/export activity and increased debt suggest a business navigating a challenging market. However, its established gallery presence and expertise in Old Master paintings could provide a buffer against economic headwinds.

Registered in England/Wales under the registration number 01356180, with a registered address at SW1Y 6BU, London, 7/8 Mason's Yard.

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