Peder Lund Ltd

Peder Lund Ltd is a small, active company registered in London, UK, founded eight years ago in March 13, 1971. It employs just two people and holds assets valued at £1,825,107. The company, owned and directed by Lund Peder Andreas, operates from a real address at 20 Eton Villas, NW3 4SG, and is a solo-founded venture. It’s an irregular importer, primarily dealing in art and antiques, with just one month of import activity recorded as of October 2024.

The company’s website, pederlund.no, reveals a gallery and art dealership based in Oslo, Norway. It showcases exhibitions, artists, and news, and operates a physical space at Tjuvholmen all 27, 0252 Oslo. The gallery is open Wednesday to Saturday and features a newsletter signup, highlighting its focus on contemporary art and artist representation. It’s clear that the London operation is linked to a larger, established gallery in Norway.

Financially, Peder Lund Ltd presents a mixed picture. Cash reserves have seen a significant boost, jumping 500% to £360,000, which is a positive sign. However, current assets have fallen by 82%, dropping to £1,800,000, and trade debtors have plummeted 99%, leaving just £57,000. Creditors have also seen a dramatic decrease, falling 98% to £190,000. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the sharp decline in debtors suggests potential issues with customer payments. The lack of an auditor mentioned, likely due to its small size, means the figures are unaudited.

Overall, Peder Lund Ltd appears to be navigating a period of change. The increased cash reserves are encouraging, but the decline in debtors warrants attention. The Norwegian gallery seems to be the main focus, and the London operation likely supports its broader art dealing activities.

Registered in England/Wales under the registration number 10666670, with a registered address at NW3 4SG, United Kingdom, London, 20 Eton Villas.

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