Morningside Gallery Limited

Morningside Gallery Limited, based in Edinburgh, UK, is a small, active company established 22 years ago in 2003. With four employees and £332,134 in assets, it operates from a real address and is overseen by one director and owner. The gallery specializes in contemporary Scottish art, acting as both an importer and exporter of art and antiques, though import activity is irregular (2 months) and export activity is more consistent (3 months).

The gallery’s website showcases a vibrant program of exhibitions featuring both established and emerging Scottish artists, with a focus on painting and ceramics. It also represents artists year-round, offering their work online and in its welcoming gallery space. The gallery also offers a unique service, offering Own Art loans to help customers purchase original art. It's a welcoming place to visit.

Financially, Morningside Gallery Limited shows a mixed picture. While cash reserves increased by 33% to £260,000, net assets decreased by 6.3% to £340,000. Bank borrowings were significantly reduced, falling by 97% to just £200, and trade debtors decreased by 46% to £75,000. Creditors, however, increased by 12% to £140,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decrease in equity warrants attention. The company is exempt from an audit.

The gallery’s success appears to hinge on its ability to attract art buyers and maintain a strong reputation within the Edinburgh art scene. The decrease in net assets may be due to increased investment in exhibitions or inventory, but it’s a trend worth monitoring.

Registered in Scotland under the registration number SC247980, with a registered address at EH10 4BY, Scotland, Edinburgh, 94 Morningside Road.

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