Modern Art Ltd

Modern Art Ltd is a small, holding company based in London, UK, with an active status. Founded six years ago in 2018, the company employs twelve people and holds £3,617,783 in assets. It has a real registered address and is managed by three directors and three owners – though it's worth noting that the owner list isn't exhaustive. The company regularly imports and exports art and antiques, with 15 months of import activity and 46 months of export activity recorded, the latest being February 01, 2025.

The company's website showcases a series of exhibitions and events, featuring contemporary artists and photography prizes. It’s clearly focused on the art world, acting as a platform for showcasing artists and promoting exhibitions in museums and galleries across the US and Europe. The website doesn’t appear to be an e-commerce site – it's primarily a promotional tool for the exhibitions and events, with no obvious way to purchase art directly.

Financially, Modern Art Ltd presents a mixed picture. While cash reserves increased by a substantial 32% to £940,000, other key indicators raise concerns. Net losses deepened significantly, and bank borrowings surged by 62%, reaching £50,000. Trade debtors ballooned by 100%, suggesting delayed customer payments, and creditors increased by 56% to £3.3 million. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the increase in debt and losses are worth keeping an eye on. There's no auditor mentioned, so the figures are unaudited. Average number of employees has increased by 42%, which may have contributed to the increase in creditors.

Registered in England/Wales under the registration number 11495219, with a registered address at SW1Y 6AL, England, London, 7 Bury Street.

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