M.d.g. Circus Ltd

Mdg Circus Ltd from London UK: a small, active company founded seven years ago, employs three people, and holds £343,883 in assets. It operates from a virtual address, is led by one director and owner (solo founder), and regularly imports and exports art and antiques – 10 months of importing and 16 months of exporting. The company’s activities center around the retail sale in commercial art galleries.

The company’s website, Dorothy Circus Gallery, showcases a vibrant collection of contemporary art exhibitions and a special selection of art pieces. It seems to be primarily an online gallery, with upcoming exhibitions highlighted, and a concept store offering unique collectibles. The site also features a blog with articles on art and culture, and an AM Advisory service. It’s not clear if it’s an e-commerce site, but the gallery has two locations: one in London and another in Rome.

Financially, the company’s situation appears mixed. Current assets have fallen significantly, dropping by 42% to £340,000. Equity has also seen a sharp decline, decreasing by 69% to £86,000. Bank borrowings have increased by 58%, reaching £3,400, and cash reserves have plummeted 71% to £58,000. Creditors have decreased slightly, suggesting improved debt management. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the large drop in equity raises concerns. No auditor is mentioned, likely due to its small size, so the figures are unaudited. The company’s net current assets and liabilities have also dropped considerably.

It’s clear that while the company is active and appears to be well-regarded in the art world, it’s facing financial pressures. The gallery’s success in showcasing art and attracting collectors is evident, but sustaining this requires careful management of its finances.

Registered in England/Wales under the registration number 10816285, with a registered address at W1B 5TB, United Kingdom, London, Linen Hall 162-168 Regent Street Room 252-254.

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