Oyster Gallery Ltd

Oyster Gallery Ltd, based in Swansea, UK, is a small, family-run business with an active status. Founded eighteen years ago in 2006, it employs six people and holds £267,007 in assets. The company, which has four directors and three owners, operates from a real address and boasts a stellar 5.0 Google rating based on 148 reviews. It’s an irregular importer, primarily dealing with miscellaneous metal items, with the last import activity recorded one month ago in September 2022.

The company’s website highlights its role as an art gallery and gift shop in the heart of Mumbles. It stocks original artwork, prints, greeting cards, jewellery, and clothing, with many items sourced locally. Upstairs features further artwork, soft furnishings, and homeware, alongside a bespoke picture framing service. The gallery’s website gives a warm, personal feel, emphasizing its long-standing presence in the community and its commitment to showcasing local talent.

Financially, Oyster Gallery Ltd’s report shows a mixed picture. Creditors increased significantly by 320%, reaching £15,000, while cash reserves fell 23% to £32,000. Bank borrowings decreased by 45%, dropping to £12,000, and net assets decreased by 15% to £66,000. 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. Depreciation for plant machinery was unchanged at £3, which is a little odd. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Oyster Gallery Ltd appears to be navigating a period of change. While its Google rating suggests strong customer satisfaction, the financial data indicates some pressures. The company’s family-run nature and focus on local art and gifts could be key to its continued success, but it will need to manage its finances carefully to ensure long-term stability.

Registered in England/Wales under the registration number 05985463, with a registered address at SA3 4BE, Wales, Swansea, 70 Newton Road, Mumbles.

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