Woolwich Contemporary Print Fair Limited

Woolwich Contemporary Print Fair Limited, based in Bishop Auckland, UK, is a small, holding company with an active status. Founded eight years ago in 2017, the company employs just two people and holds £104,732 in assets. It operates a real address, is overseen by one director and one owner, and runs an e-commerce site with a stellar 5.0 Google rating based on 25 reviews. The company is an irregular importer of art and antiques, with its last import activity occurring two months ago in October 2024.

The company’s website showcases a vibrant platform for contemporary print, hosting international art fairs and offering a unique model that disrupts the traditional art market. It features specialist galleries, independent artists selected through an open call, and a curated hang alongside celebrated names. The site also provides a platform for online print sales, membership options, and artist awards. The company’s focus is on championing contemporary print and providing access points for all audiences to enjoy an authentic fine art experience.

Financially, Woolwich Contemporary Print Fair Limited presents a mixed picture. While cash bank on hand increased by 20% to £24,000, net assets decreased by 51% to -£85,000. Bank borrowings surged by a staggering 810% to £40,000, and trade debtors increased by 38% to £81,000. Creditors also rose by 40% to £190,000. The company’s small size—meeting two of three criteria for a small company—helps it maintain agility, but the significant decrease in equity raises concerns. With no auditor mentioned, the financial statements are unaudited. The increase in bank borrowings, alongside the negative equity, suggests the company is burning through cash, possibly relying on loans to sustain its operations. The increase in trade debtors could indicate difficulties in collecting payments from customers, which is something to keep an eye on.

Registered in England/Wales under the registration number 10714784, with a registered address at DL13 1QA, England, Bishop Auckland, 2 Newhouse, Ireshopeburn.

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