Miart Gallery London Ltd

Miart Gallery London Ltd, based in London, UK, is a small, active company founded five years ago in December 2019. With £60,231 in assets and a real address in Mayfair, it’s a relatively small operation managed by one director and owner. The gallery operates an e-commerce site and regularly imports art and antiques – 5 months worth, with the last import in September 2024 – although it exports irregularly, with just two months of activity and the last shipment in May 2024.

The gallery’s website showcases a diverse range of contemporary and modern art, featuring renowned artists like Lorenzo Quinn and Alex Knapic, alongside photographers like Lars Beusker. It's clear that Miart Gallery London is expanding internationally, with a new space opening in Istanbul to showcase Quinn’s work. The website also highlights the gallery’s commitment to showcasing emerging talent and fostering artistic dialogue.

Financially, Miart Gallery London Ltd presents a mixed picture. Cash bank on hand increased significantly by 260% to £29,000, which is a good sign. However, net assets decreased by 15% to -£110,000, and net current assets liabilities also declined by 12% to -£150,000. Creditors remained steady at £210,000, and trade creditors increased by 29% to £23,000. Tax liabilities saw a dramatic increase, jumping 1000% to £6,900. 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 decline in equity suggests it’s burning through cash. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Miart Gallery London Ltd appears to be navigating a challenging financial landscape, despite its growing international presence and commitment to showcasing high-quality art. It's a small business with a lot of ambition, but it needs to manage its finances carefully to ensure its long-term sustainability.

Registered in England/Wales under the registration number 12344471, with a registered address at SW1A 1HE, England, London, 31-32 St. James's Street.

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