Picturesonwalls Limited

Picturesonwalls Ltd, a small, active company based in London, UK, has been operating for 20 years. Founded in 2004, it holds £2,540,697 in assets and is managed by three directors and one owner, Stephens Mark Howard. The company, which meets two of the three conditions to be considered small (turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees), is known for its unique approach to art distribution.

Picturesonwalls started as a collective of artists who were, well, shunned by the established art world. They circumvented traditional channels, distributing art directly to customers via the internet and the Royal Mail. They pioneered techniques like foil block and patterned embossing, and were the first to use non-solvent inks. While they once championed disrupting the art market, many of their prints have become valuable commodities—a situation they ultimately rejected. The company’s website details this history, showcasing a diverse range of art and highlighting its commitment to independent artist-led operations. They even ran a “shit popup shop” before it was fashionable.

Financially, Picturesonwalls Ltd presents a mixed picture. Cash bank on hand has skyrocketed by a staggering 45,000%, reaching £1,000,000—a dramatic increase. However, trade debtors have plummeted by 44%, dropping to £1,300,000, which could signal difficulties in collecting payments. While creditors have increased by 71%, to £1,600, they are still manageable. The company’s net assets remain stable at £2,500,000, but the sharp decline in cash reserves warrants attention. The unaudited financial statements, prepared with CCH Accounts Production software, don’t mention an auditor. The company operates in the “other business support service activities n.e.c.” industries.

It’s clear that Picturesonwalls Ltd has experienced a significant influx of cash, but the decrease in debtors suggests potential challenges in managing its accounts receivable. The company’s history of disruption and its current financial position suggest a company that's navigating a complex transition, but it's still holding steady.

Registered in England/Wales under the registration number 05143539, with a registered address at W1S 1QP, England, London, International House, 2- 4 Maddox Street.

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