Morton & Eden Ltd

Morton & Eden Ltd, a small, active company based in London, UK, has been a fixture in the art and antiques world for 24 years. Founded in 2001, the company employs four people and holds assets valued at £1,511,521. With four directors and two owners, it operates from a real address and has a long history of importing and exporting art and antiques—11 months of imports and 38 months of exports, with the latest export activity in August 2024.

The company’s website, Morton and Eden Coins and Medals Auctioneers, focuses on the retail sale of antiques, specifically coins and medals. It hosts regular auctions, both live and online, and offers services like valuations, private sales, and consultancy. Departments include coins, banknotes, historical medals, and orders, decorations, and medals. The site also highlights its staff and provides contact information, with a mailing list subscription and links to social media.

Financially, Morton & Eden Ltd shows a mixed picture. Cash bank on hand decreased by 20%, dropping to £950,000, while creditors increased significantly by 54%, reaching £480,000. Current assets also declined by 9%, settling at £1,500,000. However, retained earnings accumulated losses fell by 27%, dropping to £840,000. Trade debtors increased by 3.7%, and other taxation social security payable jumped a staggering 330%, reaching £270,000. Despite these challenges, the company’s small size—meeting two of three conditions for a small company—allows for agility. The lack of an auditor mentioned likely means the accounts are unaudited.

Overall, Morton & Eden Ltd appears to be navigating a period of change. While its core business of art and antiques auctions remains active, the financial data suggests a need for careful management and a focus on improving cash flow.

Registered in England/Wales under the registration number 04198353, with a registered address at W1S 2FQ, United Kingdom, London, Nash House, St George Street.

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