Imogen Paine Limited

Imogen Paine Ltd, based in Moreton-In-Marsh, UK, is a small, active company established 37 years ago. With £426,547 in assets and a virtual address shared by ninety-six other companies, it’s a unique situation. The business is run by one director and one owner, and it’s an irregular importer of art and antiques, with just two months of import activity recorded in the last two years.

The company specialises in fine art restoration, particularly sculpture and works of art, operating from a 2,500 square foot premises in Oxfordshire. It offers services ranging from cleaning and restoration to bespoke fire-safe studio installations. The website highlights its expertise in marble sculpture, bronze sculpture, and church monument restoration, catering to both auction houses and private collectors. A new, purpose-built studio is planned for Autumn 2024.

Financially, Imogen Paine Ltd presents a mixed picture. Current assets have decreased by 18% to £430,000, while net assets have fallen by 10% to £420,000. Bank borrowings have been reduced by 44%, and cash reserves have decreased by 28% to £40,000. Creditors have significantly dropped by 53%, which could indicate improved financial management. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in equity suggests a need for careful monitoring. As a small company, it is exempt from an audit, so the figures are unaudited.

It's likely the company's irregular import activity and reliance on specialist restoration work contribute to these financial trends. The planned studio upgrade could be a strategic move to attract new clients and increase revenue, but it also represents an investment that will need to pay off.

Registered in England/Wales under the registration number 02172243, with a registered address at GL56 0LA, England, Moreton-In-Marsh, Gloucestershire, Kenton House, Oxford 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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