Simon Gillespie Ltd

Simon Gillespie Ltd, based in London, UK, is a small, active company founded twelve years ago in 2012. With eleven employees and £1,198,251 in assets, it operates from a real address and is led by two directors and one owner, boasting a stellar 5.0 Google rating from four reviews. The company is an irregular importer and exporter of art and antiques, with recent activity recorded in 2022 and 2024 respectively.

Simon Gillespie Ltd specializes in fine art restoration and conservation, providing services to museums, galleries, auction houses, and private collectors worldwide. Its website highlights expertise in cleaning, retouching, consolidation, and authentication, with a focus on works by renowned artists from Rubens to Banksy. The studio also offers services like picture authentication, condition reports, and advice on acquisition and care. It's a studio for all people, all needs, and all artists.

Financially, the company's numbers present a mixed picture. While cash reserves increased by a healthy 7.4% to £860,000, trade debtors have ballooned by 64% to £140,000, which could be a sign of extended payment terms or challenges in collecting debts. Bank borrowings decreased by 12% to £36,000, and creditors also dropped by 12% to £36,000. Net assets increased by 15% to £1,000,000. Depreciation on property, plant, and equipment has increased slightly, which is a natural consequence of maintaining and improving facilities. 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 rise in debtors warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited. The company's retained earnings increased by 17% to £880,000, which is a positive sign.

Registered in England/Wales under the registration number 08176741, with a registered address at SW9 0FJ, England, London, Ground Floor, Block D Offley Works, 1 Pickle Mews.

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