Sloane Ave Limited

Sloane Ave Limited is a small, active company based in Brighton, UK, founded eight years ago in December 2016. It’s a solo founder operation with one director and owner, Miss Sylwia Borkowska, and employs just one person. The company holds £9,187 in assets, but its registered address is likely virtual, as fifty-five other companies share the same location. Confirmation statements are overdue by four months.

Sloane Ave Limited operates in the retail sale via mail order houses or via internet industries, and its website showcases a business centered around auctioning fine art and antiques. The site features upcoming and past auctions, with a focus on Noble Estates, Old Masters, Jewellery, and Arts of the Islamic World. It also highlights specific collections, such as those from Dr. Mohammed Said Farsi, a former mayor of Jeddah, and includes news articles about high-value sales, such as a portrait of Margaret Thatcher selling for £60,000. The website’s design is professional and well-organized, suggesting a focus on attracting discerning collectors.

Financially, Sloane Ave Limited presents a mixed picture. Current assets have decreased by 36% to £9,200, while net assets have fallen 32% to -£3,400. Cash reserves have increased by 53% to £190, which is good, but trade creditors have also increased, suggesting the company is relying on credit. Borrowings have drastically reduced by 95% to just £250, which is a positive sign. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in net assets warrants attention. The accounts are unaudited, and no auditor is mentioned, which is common for small companies. The company’s reliance on credit and the decrease in assets could be a sign of financial strain, but it could also be a strategic move to fuel growth.

Registered in England/Wales under the registration number 10527302, with a registered address at BN1 1UF, United Kingdom, Brighton, Ground Floor, 19 New Road.

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