Thompson's Gallery Aldeburgh Ltd

Thompson's Gallery Aldeburgh Ltd, based in Aldeburgh, UK, is a small, family-run business with an active status. Founded seven years ago in 2018, it employs five people and holds £380,263 in assets. With a real address and three directors, it’s a tight-knit operation. The gallery regularly imports art and antiques, with 6 months of import activity recorded, and exports them, with 3 months of export activity.

The gallery operates two locations: a showroom in Aldeburgh and another in London, showcasing a diverse range of contemporary and modern art. Its website highlights current and upcoming exhibitions, featuring artists like Ben Lowe and Sarah Spencer, and offers consultancy services for sculpture acquisition and commissions. They even partner with the Hyatt Regency London The Churchill hotel, displaying artwork within its space. The website also promotes the "Own Art" scheme, allowing customers to pay for artworks in monthly, interest-free instalments.

Financially, Thompson's Gallery Aldeburgh Ltd shows a mixed picture. Current assets decreased by 4.5% to £380,000, while net assets dropped by 8.2% to £340,000. Bank borrowings increased slightly to £460, and cash reserves rose by 8.7% to £97,000. Creditors also increased by 21%, suggesting a need to manage debts. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible. The increase in trade debtors by 21% could be a sign of slower payments, but the decrease in other creditors by 65% is a positive sign. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Thompson's Gallery Aldeburgh Ltd seems to be navigating a challenging market. While the gallery maintains a strong presence in the art world and offers valuable services, the financial data suggests a need for careful management and a focus on sustainable growth.

Registered in England/Wales under the registration number 11287604, with a registered address at IP15 5AN, England, Aldeburgh, 175 High Street.

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