Offer Waterman Fine Art Limited

Offer Waterman Fine Art Limited, based in London, UK, is a sizable company with an active status, celebrating 28 years in business. Employing ten individuals and boasting assets of £23,308,175, the company generated £14,708,298 in revenue last year. With a real address and two directors and owners, it operates an e-commerce site and maintains a stellar 5.0 Google rating from ten reviews. The firm regularly imports and exports art and antiques, with 19 months of import activity and 40 months of export activity recorded.

The company’s website showcases a curated selection of modern British and contemporary art dealers, highlighting artists like Edmund de Waal, Barbara Hepworth, and William Turnbull. It actively participates in major art fairs, including Frieze Masters and Art Basel, and collaborates with other galleries, such as Ben Hunter. The website also features news and exhibitions, including a film by NOWNESS and press coverage of its current show, "On Foot."

Financially, Offer Waterman Fine Art Limited has seen some shifts. While turnover decreased significantly by 73%, dropping to £15 million, assets remain substantial at £23.3 million. Bank borrowings increased by 170%, reaching £6.2 million, and cash reserves decreased by 91%, falling to just £170,000. Creditors decreased by 23%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) and the decrease in equity, from £10 million to £11 million, could be attributed to increased investment in inventory or marketing. With no auditor mentioned, the financial statements are unaudited.

Despite the downturn in revenue, Offer Waterman Fine Art Limited appears to be maintaining a strong presence in the art market, leveraging its online platform and participation in prestigious events. Whether the company can sustain its current level of activity remains to be seen, but its reputation and established network suggest a resilient business.

Registered in England/Wales under the registration number 03203503, with a registered address at W1S 1FJ, England, London, 17 St. George Street.

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