The Artist Room Limited

The Artist Room Ltd, based in London, UK, is a small, active company founded four years ago. With two employees and £1,784,178 in assets, it operates from a virtual address – a detail flagged by the fact 228 companies share the same registration space. Astaire Milo is both the director and owner, and the solo founder of this art-focused business. The company regularly imports and exports art and antiques, with 4 months of import activity and 5 months of export activity recorded.

The Artist Room Ltd’s core business revolves around showcasing and selling contemporary art. Its website highlights a solo exhibition by artist Sren Arildsen, featuring oil paintings on canvas set in artist-made porcelain frames, as well as ceramic paintings mounted in treated wood. The exhibition, titled "In the Seams," emphasizes the artist’s exploration of memory and the blending of reality with recollection. This suggests a focus on gallery representation and potentially, online sales, although the website doesn's have an obvious e-commerce section.

Financially, The Artist Room Ltd presents a mixed picture. While current assets increased slightly to £1,800,000, net assets decreased by 1.2% to £280,000. Cash reserves declined by 12% to £190,000, and bank borrowings increased by 15% to £1,600,000. Creditors also rose by 5.2% to £1,600,000. The company’s small size – meeting two of three conditions for a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees) – allows for agility, but the rise in debt and decrease in cash warrants attention. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.

Overall, The Artist Room Ltd appears to be a small, art-focused business navigating the challenges of growth. While its gallery representation and curated exhibitions suggest a strong artistic vision, the financial data indicates a need to carefully manage debt and maintain cash flow.

Registered in England/Wales under the registration number 13293342, with a registered address at EC3V 3DG, United Kingdom, London, C/O Goldwyns London Llp, No.1 Royal Exchange.

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