Ross Baines Art Limited
- Small
- Active
- 7 years
- 2 employees
- £15,140 (assets)
- Real address
- 2 directors
- 2 owners
- Irregular importer
- Regular exporter
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Ross Baines Art Limited, based in Clacton-On-Sea, UK, is a small, family-run business with an active status. Founded seven years ago in 2018, the company employs just two people and holds £15,140 in assets. With a real registered address and two directors and owners—Baines Katie Anne and Baines Ross Laurence—it’s a tight-knit operation. The business regularly exports art and antiques, with 19 months of export activity recorded, the latest in February 2025. It also dabbles in importing, though only for a single month in 2022.
The company operates in the artistic creation industries, likely focusing on buying, selling, and potentially restoring or exhibiting art and antiques. While no website is available to analyze, the business model suggests a blend of online and offline sales, potentially catering to both local and international collectors. The family business aspect likely fosters a personal touch and specialized knowledge within the art market.
Financially, Ross Baines Art Limited presents a mixed picture. Current assets have fallen by a significant 25% to £15,000, and net assets have plummeted 53% to £5,300. Cash bank on hand has also decreased by 17% to £14,000. On the other hand, creditors have increased by 11% to £12,000, and other creditors have surged by an astonishing 16,000% to £1,500. Trade debtors have also decreased by 71% to £850. 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 substantial drop in equity raises concerns about its financial health. No auditor is mentioned, which is likely due to the company's small size and exemption from an audit.
The company’s reliance on art and antiques, while potentially lucrative, also exposes it to market fluctuations and import/export challenges. The decrease in assets and cash reserves, coupled with rising creditors, suggests the business may be burning through money faster than it’s generating revenue. While the family ownership provides stability, the financial data indicates a need for careful management and potentially new strategies to ensure long-term sustainability.
Registered in England/Wales under the registration number 11228051, with a registered address at CO16 8HA, United Kingdom, Clacton-On-Sea, Essex, 2 Colchester Road, St. Osyth.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 7 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 7 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 7 years
-
Resident of United Kingdom
-
Individual
- 7 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
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Total exemption full accounts made up to 2025-02-28Download 8 pages pdf report
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Confirmation statement made on 2025-02-26 with updatesDownload 4 pages pdf report
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Total exemption full accounts made up to 2024-02-29Download 8 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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Last exported products
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FAQ about Ross Baines Art Limited
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