Pontone Gallery Limited

Pontone Gallery Ltd, based in London, UK, is a small, active company established 28 years ago. With seven employees and £687,192 in assets, it operates from a real address and is overseen by two directors and a single owner. The gallery runs an e-commerce site and regularly imports and exports art and antiques—19 months of imports and 58 months of exports recorded.

The gallery’s website showcases a curated selection of contemporary and modern art, featuring artists like Richard Harrison and Claudia Doring Baez. It also highlights a New York gallery location and offers a newsletter subscription for updates on exhibitions and art fairs. The site even has a WhatsApp message us option for direct contact.

However, a closer look at the financials reveals some concerning trends. Net assets have plummeted by a staggering 98%, dropping to just £79,000. Cash reserves have also taken a hit, decreasing by 73% to £55,000. Bank borrowings have increased slightly, and creditors have risen significantly—a 350% increase to £260,000. While trade debtors have remained stable, the sharp decline in equity suggests the company is burning through cash. 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 equity drop is a red flag. With no auditor mentioned, the figures are unaudited.

Despite the challenges, Pontone Gallery Ltd’s commitment to showcasing contemporary art and its online presence indicate a continued effort to engage with collectors and art enthusiasts. It's clear that the gallery is working hard, but the financial data suggests it’s facing a tough road ahead.

Registered in England/Wales under the registration number 03206278, with a registered address at W1T 3DB, England, London, 74 Newman Street.

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