Patrick Moorhead Antiques Ltd

Patrick Moorhead Antiques Ltd, based in Brighton, UK, is a small, active company founded four years ago. With eight employees and £5,334,380 in assets, it’s a family business run by two directors and owners, Heather Jean Moorhead and Patrick Barry Moorhead. The company operates from a virtual address – 883 other companies are registered at the same location – and regularly imports and exports art and antiques, with 15 months of import activity and 13 months of export activity recorded, the latest in January 2025 and February 2025 respectively.

The company’s core business involves the retail sale of antiques, including antique books, operating within the stores industry. While a website isn’t available to analyze, it's likely the company operates primarily through physical channels, potentially with a limited online presence.

Financially, Patrick Moorhead Antiques Ltd shows a mixed picture. Current assets have increased by 18% to £5,300,000, while net assets have increased by 6.4% to £8,700,000. Bank borrowings have increased by 210% to £400,000, and cash reserves have increased by 120% to £12,000. Creditors have increased by 18% to £2,200,000, and trade debtors have increased by 18% to £310,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in bank borrowings suggests it may be relying on external financing. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited director-reported data.

It’s worth noting that depreciation charges have increased slightly, particularly for motor vehicles, which could reflect investments in transportation. The company’s focus on art and antiques suggests a business that values quality and provenance, and the increase in creditors may indicate expanding relationships with suppliers. Overall, Patrick Moorhead Antiques Ltd appears to be holding steady, but it’s important to monitor its financial performance closely in the coming months.

Registered in England/Wales under the registration number 12855455, with a registered address at BN1 2RL, England, Brighton, 15 West Street.

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