Oak Fine Art Services Ltd

Oak Fine Art Services Ltd, based in London, UK, is a small, active company founded twelve years ago in 2012. With five employees and £93,620 in assets, it operates from a real address at 51 Halsmere Road. The company is led by three directors and owned by two individuals, both of whom are Patrick John Hannan and Orlando Engell Athill. It boasts a stellar 5.0 Google rating from seven reviews. Oak Fine Art Services is an irregular importer, primarily dealing with glass and glassware, with its last import operation recorded just a month ago in September 2024. The company operates within the “other transportation support activities” industry.

The company’s website, OAK, suggests a focus on art logistics and fine art handling. While details are limited, it implies a service-oriented business catering to the art world, possibly involving transportation, storage, and installation of artwork. It's unclear if the website is fully functional or merely a placeholder, but it does hint at a specialized niche.

Financially, Oak Fine Art Services Ltd presents a mixed picture. While current assets are up slightly at £94,000, a significant portion of the company’s value is tied up in property, plant, and equipment, which has increased by 11% to £610,000. Bank borrowings have decreased by 8.7% to £260,000, and cash reserves have fallen by 15% to £39,000. Creditors have also decreased, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decrease in cash reserves is something to watch. The unaudited financial statements, lacking an auditor's review, rely on director-reported data.

Overall, Oak Fine Art Services Ltd seems to be navigating a challenging environment. While its niche service and strong Google rating are positives, the declining cash reserves and reliance on bank borrowings suggest it's operating close to the edge. The company’s future likely hinges on maintaining its reputation and securing consistent, profitable work in the art logistics sector.

Registered in England/Wales under the registration number 08214961, with a registered address at SE5 9JQ, England, London, 51 Halsmere Road.

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