Walker Galleries Limited

Walker Galleries Limited, based in Halifax, UK, is a small, family-run business with a long history, having been founded 99 years ago in 1925. The company, currently active, employs just two people and holds assets totaling £737,385. It operates from a real address and is managed by three directors and two owners, with Walker Ian Hubert and Walker Shirley at the helm. Walker Galleries is a regular importer of art and antiques, with 4 months of import activity recorded, the last being June 01, 2023.

The company’s core business revolves around retail sale in commercial art galleries, operating as a gallery in Halifax. While no website is available to examine, its presence in the art market suggests a focus on traditional art sales and potentially restoration services. It’s likely that the gallery caters to a local clientele and potentially collectors seeking unique pieces.

Financially, Walker Galleries Limited shows a mixed picture. Current assets have decreased by 3.3% to £740,000, while net assets remained steady at £690,000. Bank cash increased by 7.4% to £310,000, a positive sign of liquidity. However, creditors decreased by 28%, suggesting a reduction in short-term liabilities. 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, but the decrease in creditors may indicate a need to manage cash flow more carefully. The company is exempt from an audit, so the figures are unaudited.

Overall, Walker Galleries Limited appears to be a stable, long-standing business navigating the challenges of the art market. Its family ownership and traditional approach likely contribute to its longevity, but keeping an eye on cash flow and adapting to changing market trends will be crucial for continued success.

Registered in England/Wales under the registration number 00210553, with a registered address at HX1 2BW, United Kingdom, Halifax, West Yorkshire, 52 St Johns Lane.

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