Project Framing Ltd.

Project Framing Ltd, based in London, UK, is a small, active company established 32 years ago. With 12 employees and £1,698,722 in assets, it operates from a real address and is managed by two directors and one owner, holding a respectable 4.0 Google rating from 21 reviews. The company is a regular importer and exporter of art and antiques, with 37 months of import activity and 45 months of export activity recorded.

The company’s website reveals a diverse range of services, primarily focused on picture framing. It operates both a retail business and a bespoke framing service, offering everything from ready-made frames to custom designs. The site also highlights a consultancy service for large-scale projects and a portfolio of images showcasing their work. They even offer a range of art prints from famous artists, alongside contemporary pieces. The website’s design suggests a focus on quality and craftsmanship, with a clear emphasis on showcasing their expertise.

Financially, Project Framing Ltd presents a mixed picture. Cash reserves increased significantly by 59%, reaching £1.1 million, which is a positive sign. However, current assets decreased by 10%, falling to £1.7 million. Trade debtors saw a dramatic drop of 55%, shrinking to £290,000, which could indicate difficulties in collecting payments or a shift in credit policies. Bank borrowings, however, increased by 2.5%, reaching £10,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in debtors warrants attention. The company’s auditor, Rawse, Varley & Co, hasn’t been mentioned in the financial statements.

Overall, Project Framing Ltd appears to be a stable business with a strong reputation, but the financial data suggests a need for careful management of debtors and a continued focus on maintaining healthy cash flow.

Registered in England/Wales under the registration number 02730976, with a registered address at W4 5PN, London, 112 Power Road, Chiswick.

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