Sloane Street Auction Galleries Limited

Sloane Street Auction Galleries Limited is a small, active company based in London, UK, founded twenty-one years ago in 2004. With a real address and just one employee, the company holds assets of £340,622 and is overseen by a single director and owner. It's an irregular importer of art and antiques, with just one month of import activity recorded, but a regular exporter, having shipped art and antiques for forty-nine months, with the latest export in January 2025.

The company operates in the retail sale of art in commercial galleries, as well as online and via mail order. Its website showcases upcoming and past auctions, featuring a wide range of items, from Old Masters and jewellery to signed first editions and even vintage suitcases. The site highlights upcoming sales with live bidding opportunities and provides detailed descriptions and provenance information for each lot. Recent news items on the site showcase the company’s involvement in selling high-value items, including works by George Stubbs and Margaret Thatcher’s personal possessions.

Financially, Sloane Street Auction Galleries Limited shows a mixed picture. Current assets have decreased by 33%, dropping to £340,000, while bank borrowings have increased significantly by 240%, reaching £130,000. Creditors have also seen a substantial rise, increasing by 490% to £160,000. The company's net assets have taken a significant hit, plummeting 3,500% to -£130,000. Despite these challenges, 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 agility. As a small company, it’s exempt from an audit, so the figures are unaudited. The increase in bank borrowings and the decrease in net assets suggest the company may be burning through money, but the continued export activity indicates a viable business model, albeit one facing financial pressures.

Registered in England/Wales under the registration number 05032333, with a registered address at SW1W 8DA, United Kingdom, London, 69 Lower Sloane Street.

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