T.la Arts And Craft Gallery Limited

T.la Arts And Craft Gallery Limited, based in Manchester, UK, is a small, active company established 23 years ago. With four employees and £387,112 in assets, it operates from a real address on Nicholas Street. The business is led by two directors and one owner, and it runs an e-commerce site with a stellar 5.0 Google rating from 128 reviews. The company regularly imports paper and paperboard products, with 10 months of import activity recorded, the last in October 2024.

The company’s website showcases a diverse range of arts and crafts, including paintings, sculptures, ceramics, and textiles. It also offers bespoke framing services and workshops for adults and children. The gallery seems to cater to both local customers and online shoppers, emphasizing unique, handcrafted items. It’s a family-run business, with Law David Jun Gitt and Law David at the helm.

Financially, T.la Arts And Craft Gallery Limited presents a positive trend. Cash bank on hand increased by 33%, reaching £300,000, and current assets grew by 24% to £390,000. Equity also rose by 23% to £340,000, indicating improved retained earnings. Creditors decreased by 31%, suggesting better debt management, and trade debtors remained stable. 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, and the increase in cash reserves is encouraging. The accounts are described as “filleted” and unaudited, which is common for small companies.

Despite the positive numbers, the company’s net losses deepened to -£23,000. This could be a result of increased marketing expenses or investments in the e-commerce platform. It’s also worth noting that the company’s tax payable increased by 31% to £43,000. Overall, T.la Arts And Craft Gallery Limited appears to be financially healthy, but it’s important to monitor its profitability and tax obligations closely.

Registered in England/Wales under the registration number 04391374, with a registered address at M1 4EJ, Greater Manchester, 16 Nicholas Street, Manchester.

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