Olivier Malingue Limited

Olivier Malingue Limited is a small, active company based in London, UK, established ten years ago in January 2015. It employs just two people and holds assets of £893,730. The company operates from a virtual address, registered at a studio in Kensal Road, which is shared by many other businesses. It’s led by a single director and owner, Malingue Olivier Jacques, who also founded the company.

The company’s primary focus is the retail sale of art and antiques, operating as both an importer and exporter, although activity is irregular – one month of imports was recorded in 2019, and two months of exports in 2021. Its website, oliviermalingue.com, showcases a relocation announcement and features a mailing list signup, alongside social media links and a cookie policy. The site also highlights the company’s expertise in art logistics, including artnet services and a focus on privacy.

Financially, Olivier Malingue Limited presents a mixed picture. While current assets increased by 17% to £890,000, net assets decreased by 5.4% to -£2.3 million. Cash reserves fell by 56% to £7,900, and trade debtors increased significantly by 270% to £220,000. Bank borrowings rose by 8.1% to £3.2 million. Despite meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the substantial negative equity suggests the company is burning through money. There’s no mention of an auditor, which is common for small companies exempt from audit.

The company's reliance on irregular import/export activity, coupled with its negative equity, indicates a challenging financial situation. While the website and art logistics services suggest a focus on quality and expertise, the numbers suggest the business needs to find a way to generate more revenue and control its expenses.

Registered in England/Wales under the registration number 09379334, with a registered address at W10 5BN, United Kingdom, London, C/O Hilton Consulting Canalot Studios, 222 Kensal Road.

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