Picture This International Limited

Picture This International Ltd, based in London, UK, is a small, active company founded eight years ago. With two employees and £384,222 in assets, it operates a virtual address and is owned and directed by Bailey Christopher Peter and Fung Pamela Mei Chuen. The company runs an e-commerce site and is an irregular importer, primarily dealing in printed materials like books, newspapers, and pictures, with the last import occurring a year ago.

The company's website, Picture This Gallery, showcases a wide range of art and collectibles, including photography, prints, maps, and rare books. It operates from the United Kingdom and ships worldwide, offering services like art consultancy, gift certificates, and even sourcing art for clients. The site also features a section for selling to the company, indicating a willingness to acquire books and posters. It’s a well-established online gallery, operating from the UK and shipping worldwide.

Financially, Picture This International Ltd shows some concerning trends. Accumulated depreciation has risen by 18%, and cash bank on hand has fallen by a significant 55% to £12,000. Bank borrowings have decreased, but creditors have also fallen, suggesting a bit of debt management. Equity, however, has increased by 37%, which is a positive sign. Trade creditors have also increased, which could be a sign of expansion or a reliance on credit. The company’s small size—meeting two of three criteria for a small company—helps it stay nimble, but the drop in cash reserves is something to watch. The unaudited financial statements, overseen by Goodman Jones LLP, don’t offer a completely clear picture, but they do reveal a company navigating a competitive market.

Registered in England/Wales under the registration number 10229971, with a registered address at W1T 4RN, United Kingdom, London, 1st Floor Arthur Stanley House, 40-50 Tottenham Street.

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