Augusta Edwards Ltd

Augusta Edwards Ltd, based in London, UK, is a small, active company founded nine years ago. With a single employee and £1,217,929 in assets, it’s a solo founder operation led by a director and owner. The company operates in the “other social work activities without accommodation n.e.c.” industry. It’s a irregular importer of art and antiques (2 months imported) and an irregular exporter of optical and medical tools and devices (2 months exported).

The company’s website, Augusta Edwards Fine Art, showcases a curated selection of artworks and emphasizes a by-appointment-only viewing experience. It operates from a prestigious address in Cromwell Place, London, and boasts a Tel and Fax number. The website also features a newsletter signup and highlights upcoming exhibitions. The business clearly focuses on high-end art sales, with a strong emphasis on personal service and a refined aesthetic. It’s not clear if the company operates an ecommerce site, but the focus is on in-person viewings and client relationships.

Financially, Augusta Edwards Ltd presents a mixed picture. While cash reserves increased by 54% to £260,000, net assets declined by 64% to -£500,000. Creditors increased by 14% to £1,600,000, suggesting a reliance on external financing. Trade debtors decreased by 36%, which could be a positive sign of improved collections. 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 it to remain nimble, but the substantial equity decline raises concerns. No auditor is mentioned, likely due to the company’s small size and exemption from audit.

The company’s increasing liabilities and decreasing equity suggest it may be burning through cash to maintain operations. It’s possible the company is investing heavily in acquiring inventory or expanding its network of artists, but the trend warrants close monitoring. The reliance on external financing could become unsustainable if sales don’t improve, and the lack of employees indicates a lean, potentially overstretched operation.

Registered in England/Wales under the registration number 10063422, with a registered address at EC4A 3AQ, United Kingdom, London, Eighth Floor, 6 New Street Square.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.