Orbis Conservation Limited

Orbis Conservation Ltd, based in London, UK, is a small, active company established ten years ago in 2014. With six employees and £193,004 in assets, it operates from a real address and is led by two directors and owners. The company sporadically imports and exports art and antiques, with recent activity recorded in 2022. Its website showcases a focus on art restoration services, highlighting projects like museum heritage awards and collaborations with institutions like The Box, Plymouth.

The company's website is clearly geared toward showcasing its expertise and attracting clients rather than facilitating direct sales. It features detailed descriptions of restoration techniques, project portfolios, and client testimonials—a classic approach for a service-based business. There's a subscription form for quarterly news, indicating an effort to build a mailing list and maintain client engagement.

Financially, Orbis Conservation Ltd presents a mixed picture. While bank borrowings decreased by 26%, cash reserves have drastically fallen by 96%, leaving just £4900 remaining. Current assets have also declined significantly by 48%, dropping to £190,000. Debtors have decreased by 22%, suggesting improved collection efforts, but deferred income has vanished entirely. Equity has plummeted 94%, leaving just £4500, and net assets have followed suit. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no auditor mentioned, likely due to its small size.

Overall, Orbis Conservation Ltd appears to be facing financial headwinds. The sharp decline in cash reserves and equity raises concerns about its long-term sustainability, although the decrease in bank borrowings is a positive sign. It’s likely the company is burning through cash faster than it’s generating revenue, and the lack of deferred income could indicate a slowdown in new projects. Despite these challenges, its focus on specialized art restoration services and its established reputation should help it weather the storm—hopefully.

Registered in England/Wales under the registration number 09119948, with a registered address at SE10 9QE, England, London, Unit 2, Brookmarsh Trading Estate, Norman Road.

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