Workplace Gallery Limited

Workplace Gallery Limited is a small, active company based in London, UK, founded fifteen years ago in 2009. It employs five people and holds £291,968 in assets, operating from a real address at 50 Mortimer Street. With two directors and one owner, the company specializes in the art world, regularly importing art and antiques (four months of activity) and exporting them (twelve months of activity). The company operates in the operation of arts facilities industries.

The company's website showcases a dynamic program of exhibitions, featuring both established and emerging artists. It operates two locations: a gallery in London and another in Newcastle. The website also includes contact information, copyright details, and a subscription form for updates. It's clear the company focuses on showcasing contemporary art and facilitating connections between artists and collectors. The website’s design suggests a modern, curated experience, indicative of a business that values aesthetics and engagement.

Financially, Workplace Gallery Limited presents a mixed picture. Accumulated depreciation on property, plant, and equipment increased by 25%, reflecting investment in assets like computer equipment. Bank borrowings decreased by 28%, which is a positive sign. However, cash reserves plummeted 96%, leaving only £310, in the bank. Creditors increased significantly by 120%, and net assets declined sharply, resulting in a net liability of -£170,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity drop suggests potential cash flow challenges. No auditor is mentioned, consistent with small company exemptions. The company’s revenue recognition policy states that turnover is measured at the fair value of the consideration received, excluding discounts.

Registered in England/Wales under the registration number 07068254, with a registered address at W1W 7RP, England, London, 50 Mortimer Street.

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