Stephen Friedman Fine Art Limited

Stephen Friedman Fine Art Ltd, based in London, UK, is a holding company with an active status, celebrating 30 years in business. Employing 33 people and holding assets of £13,643,405, the company operates from a real address and is led by one director and two owners. Its e-commerce site facilitates art sales, and it enjoys a stellar 5.0 Google rating from 59 reviews. The company regularly imports and exports art and antiques, with 57 months of import activity and 175 months of export activity recorded.

The company's website highlights a diverse range of exhibitions and artists, showcasing contemporary art from around the globe. It appears to be primarily focused on promoting and selling art through its physical gallery space and online viewing room. The website's structure and content strongly suggest a focus on e-commerce, with clear calls to action for purchasing artworks and engaging with the gallery's offerings.

Financially, Stephen Friedman Fine Art Ltd presents a mixed picture. Accrued liabilities and deferred income have increased by 12%, while accumulated depreciation and impairment of property, plant, and equipment have significantly decreased – by 66% overall. Administrative expenses have risen considerably, jumping 54%. Despite this, the company has seen a slight increase in the average number of employees, up 9.1%. Bank borrowings have more than doubled, reaching £3.4 million, and cash and cash equivalents have fallen by 65%. However, the company's equity has remained relatively stable.

The increase in bank borrowings and decrease in cash reserves could indicate a period of investment or expansion, although it also raises questions about the company's liquidity. The lack of a detailed auditor’s report, likely due to its size, means the figures are unaudited. Overall, Stephen Friedman Fine Art Ltd appears to be a well-regarded gallery navigating the challenges of the art market, with a strong online presence and a commitment to showcasing contemporary art.

Registered in England/Wales under the registration number 03023293, with a registered address at W1S 3LQ, England, London, 5-6 Cork Street Cork Street.

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