Michael Goedhuis Limited
- Small
- Active
- 45 years
- 5 employees
- £1,117,424 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Michael Goedhuis Limited, based in London, UK, is a small, active company with a history spanning 45 years. Founded in 1980, it employs five people and holds assets valued at £1,117,424. The company, with a real registered address and one director and owner, regularly imports and exports art and antiques—16 months of import activity and 45 months of export activity recorded.
The company operates in the retail sale in commercial art galleries industries. Its website is not available, so it’s difficult to ascertain the specifics of their online presence. It appears to be a traditional art dealing business rather than a large-scale e-commerce operation.
Financially, Michael Goedhuis Limited shows a mixed picture. Current assets have decreased by 41%, dropping to £1,100,000, while net assets have fallen significantly by 44%, reaching £790,000. Cash bank on hand has plummeted by a dramatic 93%, down to £100,000. Trade debtors have increased by 23%, suggesting a possible reliance on customer payments, while creditors have decreased by 29%, indicating better debt management. 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 substantial equity decline warrants attention. Dividends paid on shares have also decreased by 29%. The company is exempt from an audit, so the financial statements are unaudited.
Overall, Michael Goedhuis Limited appears to be navigating a period of financial adjustment. While its core business in art dealing remains active, the declining cash reserves and equity suggest a need for careful management. The company's longevity, however, points to a degree of resilience and expertise in its field.
Registered in England/Wales under the registration number 01490336, with a registered address at SW1X 0HZ, England, London, Flat 3 61 Cadogan Square.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Goedhuis Michael Arnold Johannes
- 8 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Goedhuis Michael Arnold Johannes
- N/A
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Registered office address changed from 8 Wolsey Mansions Main Avenue Moor Park Middlesex HA6 2HL to Flat 3 61 Cadogan Square London SW1X 0HZ on 2025-04-07Download 1 page pdf report
-
Total exemption full accounts made up to 2024-10-31Download 7 pages pdf report
-
Confirmation statement made on 2025-01-22 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Michael Goedhuis Limited
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