Aleph Contemporary Ltd

Aleph Contemporary Ltd from London UK is a small holding company with an active status, founded five years ago. It holds £288 in assets, operates from a real address, and is managed by one director and three owners, running an e-commerce site. The company’s size qualifies it as small, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s activities center around the retail sale in commercial art galleries, retail via mail order houses or via internet, other retail sale not in stores, stalls or markets, and the activities of exhibition and fair organisers. It’s unclear how closely linked the art gallery and e-commerce operations are, but both emphasize a curated selection and a connection to the contemporary art world. The website, while not providing extensive details, suggests a focus on modern and contemporary art, with a range of paintings, sculptures, and prints available for purchase.

Financially, Aleph Contemporary Ltd is showing some concerning trends. Current assets have fallen dramatically, down 93% to just £290, while net assets have plummeted 49% to -£110,000. Bank borrowings have decreased by 24%, and cash reserves have plummeted 88% to just £290. Creditors have increased by 46%, suggesting the company is relying more on credit to manage its operations. The lack of employees (zero reported) hints at a lean, possibly solo operation. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

While the e-commerce side appears active, the financials reveal significant strain. The substantial losses and dwindling cash reserves suggest the company is burning through money, and the increased reliance on credit could become unsustainable. Whether Aleph Contemporary Ltd can turn its financial situation around remains to be seen, but it will likely depend on attracting more customers and improving its profitability.

Registered in England/Wales under the registration number 12244605, with a registered address at W1B 3HH, England, London, 3rd Floor, 207 Regent Street.

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