My Paintbrush Limited

My Paintbrush Limited is a small, active company based in Leicester, UK, founded thirteen years ago in 2012. With five employees and £644,941 in assets, it operates as a solo-founded business with one director and owner, Cherry Andrew James. The company runs an e-commerce site and regularly imports miscellaneous manufactured goods, with 32 months of import activity recorded, the latest in January 2025. It’s a retail business operating via mail order houses or via internet.

The company’s website, MyPaintbrush.co.uk, showcases a range of art supplies, including paints, brushes, canvases, and drawing tools. It targets both amateur and professional artists, offering a curated selection of high-quality products from various brands. The site emphasizes customer service and a user-friendly shopping experience, with detailed product descriptions and helpful resources for artists.

Financially, My Paintbrush Limited presents a mixed picture. Creditors increased by 16%, reaching £390,000, while debtors rose by 21% to £140,000. Cash bank on hand increased by 85% to £95,000, a positive sign. However, net assets remained steady at £170,000, and bank borrowings increased, reaching £5,500. 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 increase in borrowings suggests a need for careful cash flow management. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, My Paintbrush Limited appears to be a stable, albeit small, business navigating the challenges of the online retail market. Its focus on art supplies and customer service positions it well for continued success, but monitoring its financial health will be important going forward.

Registered in England/Wales under the registration number 07934201, with a registered address at LE19 4SA, Leicester, England, 19 Warren Park Way, Enderby.

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