DE MONTFORT FINE ART LIMITED

DE MONTFORT HOUSE, EUROPA WAY, LICHFIELD, STAFFORDSHIRE, WS14 9NW

Company Number: 02402634
Incorporation date: 10-Jul-1989
Status: Active
Entity type: Private Limited Company

SIC codes:
47781 Retail sale in commercial art galleries

SUMMARY

This company is 34.8 years old and is currently active. It is controlled by Amorartis Limited. The company has positive equity (net assets) of GBP 13.3 million which has increased from GBP 12.2 million in the previous year. The latest reported revenue figure is GBP 51.8 million which is up 10% on previous year's figure of GBP 48.9 million. The company has 7 active officers (directors or partners) who are or were officers of 43 other companies, 9 (20.9%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are 2 court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 30-Apr-2025
Accounts Filed: FULL (31-Jul-2023)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
31-Jul-2019	GBP	51,761,339	5,014,749	14,874		1,198,455	3,831,168
31-Jul-2018	GBP	48,850,110	4,222,363	4,004		1,018,191	3,208,176
31-Jul-2017	GBP	43,252,834	1,588,284	2,530	178	517,482	1,073,154
31-Jul-2016	GBP	40,162,044	2,279,249	17,296		431,706	1,864,839
31-Jul-2015	GBP	37,309,437	3,785,947	14,133	424	1,006,273	2,768,826
31-Jul-2014	GBP	28,560,367	1,106,138	4,128	5,105	333,278	758,394
31-Jul-2013	GBP	31,191,144	1,936,092	7,213		507,864	1,343,178
31-Jul-2009	GBP	13,537,443	-104,917	858	5,009	57,627	-51,441
31-Jul-2008	GBP	11,782,818	-115,942	835	8,238	-86,346	-199,026
31-Jul-2006	GBP	7,186,194	-64,254	2,663	11,127	28,763

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Retained Earnings	Net Assets
31-Jul-2019	GBP	7,313,791	18,037,633			200		13,310,839
31-Jul-2018	GBP	5,549,704	16,608,490			200		12,172,964
31-Jul-2017	GBP	3,544,169	16,735,875			200		10,319,788
31-Jul-2016	GBP	3,314,380	15,116,050			200		9,912,128
31-Jul-2015	GBP	5,285,379	14,535,759	8,399,390		200	8,399,190	8,399,390
31-Jul-2014	GBP	2,293,659	9,843,650	6,630,556		200	6,630,356	6,630,556
31-Jul-2013	GBP	2,100,321	9,791,068	6,565,067		200	6,564,867	6,565,067
31-Jul-2009	GBP	172,489	4,034,692	2,025,321	7,567	200	3,521,184	3,521,384
31-Jul-2008	GBP	330,931	4,290,198		50,930	200	3,660,625	3,660,825
31-Jul-2006	GBP	1,712	4,160,948	1,143,553	31,899	200	3,727,730	3,727,930

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**

Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)
Active	Mark John ANSELL	01 Sep 2016	18 Apr 2024			1 - 0
Resigned	Damian Patrick FERGUSON	18 May 2007	01 Sep 2016	Finance Director	British	9 - 7
Resigned	Helen Elizabeth SWABY	01 May 2000	18 May 2007			11 - 4
Resigned	John Gregory HILLIARD	05 May 1998	30 Apr 2000			2 - 6
Resigned	Helen Elizabeth SWABY		05 May 1998	Co Director	British	11 - 4

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Beth Janet BUTTERWICK	16 Nov 2023		Managing Director	British	4 - 10	4 (28.6%)
Resigned	Sven Willi Swithin GAEDE	01 Jun 2021	08 Dec 2022	Managing Director	British	0 - 24	1 (4.2%)
Active	Grenvill CHEETHAM	01 Aug 2019		Finance Director	British	5 - 1	1 (16.7%)
Resigned	Robin NEWBERY	01 Aug 2019	30 Jun 2020	Managing Director	British	0 - 2	0 (0.0%)
Active	Rebecca Victoria Mary BALL	15 Apr 2015		Director	British	4 - 0	0 (0.0%)
Active	Helen Elizabeth SWABY	02 Apr 2008		Art Dealer	British	11 - 4	0 (0.0%)
Resigned	Jonathan Peter Stephen KEARNS	18 May 2007	31 Dec 2018	Director	British	5 - 8	1 (7.7%)
Resigned	Damian Patrick FERGUSON	18 May 2007	01 Sep 2016	Finance Director	British	9 - 7	0 (0.0%)
Active	Mark John ANSELL	18 May 2007		Director	British	9 - 21	5 (16.7%)
Active	Sara HILL	01 May 2005		Creative Director	British	4 - 0	0 (0.0%)
Resigned	Louis DAVIES	01 Sep 2004	04 Dec 2007	Marketing Director	British	0 - 1	0 (0.0%)
Active	Lynn GODSON	01 Jan 2002		Sales Director	British	1 - 1	0 (0.0%)
Resigned	Giles HALLIWELL	01 May 2000	30 Apr 2002	Art Dealers	British	0 - 1	0 (0.0%)
Resigned	David Paul WILLIS		30 Aug 1996	Art Dealer	British	0 - 1	0 (0.0%)
Active	Helen Elizabeth SWABY			Art Dealer	British	11 - 4	0 (0.0%)

Number of active directors: 8
Average tenure of active directors: 11.1 years
Average tenure of resigned directors: 4.1 years
Average active director Dissolution Rate: 7.7%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Beth Janet BUTTERWICK	Grenvill CHEETHAM	Rebecca Victoria Mary BALL	Helen Elizabeth SWABY	Mark John ANSELL	Sara HILL	Lynn GODSON	Helen Elizabeth SWABY
ASTON VILLA LIMITED (00046572) - Active					✔
IT PROFESSIONAL LIMITED (01484598) - Active					✔
WEST MIDLANDS GROWTH COMPANY LIMITED (01631329) - Active					✔
ASTON MANOR LIMITED (01699439) - Active					✔
DE MONTFORT FINE ART LIMITED (02402634) - Active	✔	✔	✔	✔	✔	✔	✔	✔
ASTON VILLA FC LIMITED (02502822) - Active					✔
CHASE MIDLAND P.L.C. (02594294) - Liquidation					✔
THE FINE ART TRADE GUILD (02942955) - Active				✔				✔
ASTON VILLA FOOTBALL CLUB LIMITED (03375789) - Active					✔
MARK ANSELL CONSULTING LIMITED (03410964) - Active					✔
BIDME LIMITED (03912778) - Active					✔
VENTURE 7 LTD (04019305) - Active					✔
SCOUT7 LIMITED (04182379) - Liquidation					✔
SCOUT 7 HOLDINGS LIMITED (04261282) - Liquidation					✔
MOSAIC FASHIONS US LIMITED (04327477) - Active	✔
BACHEONLINE LIMITED (04416019) - Active					✔
ARDEN PARTNERS PLC (04427253) - Active - Proposal to Strike off					✔
ARDEN PARTNERS EBT LIMITED (05204010) - Active					✔
LE BRUCIATE LIMITED (05227438) - Active				✔				✔
RG PARKSIDE LIMITED (05370246) - Dissolved					✔
WHITE WALL GALLERIES LIMITED (05646802) - Active			✔	✔	✔	✔		✔
AMORARTIS LIMITED (06046527) - Active		✔	✔	✔	✔	✔	✔	✔
KAREN MILLEN HOLDINGS LIMITED (06818444) - In Administration/Administrative Receive	✔
KAREN MILLEN RETAIL LIMITED (06822157) - Active	✔
KAREN MILLEN FASHIONS LIMITED (06822177) - In Administration/Administrative Receive	✔
SHEBEC LIMITED (06859953) - Active					✔
TEAM ACADEMY PRO LTD (06901388) - Active					✔
KAREN MILLEN GROUP LIMITED (07410883) - Active	✔
HS 524 LIMITED (07487239) - Active	✔
BLUEBIRD UK TOPCO LIMITED (07909406) - Active	✔
BLUEBIRD UK HOLDCO LIMITED (07909464) - Active	✔
BONMARCHE LIMITED (07909526) - Liquidation	✔
BLUEBIRD UK BIDCO 2 LIMITED (07918420) - Dissolved	✔
XEATRE LIMITED (08088365) - Active					✔
CLARENDON FINE ART LIMITED (08322927) - Active			✔	✔	✔	✔		✔
ANSELL CONSULTING LIMITED (08349931) - Active					✔
BONMARCHE HOLDINGS PLC (08638336) - Active	✔
KAREN MILLEN HOLDCO 1 LIMITED (09787751) - Active	✔
BTEV LIMITED (09922952) - Active					✔
AZURE ACCOUNTANCY SOLUTIONS LTD (11168721) - Dissolved		✔
CLARENDON FINE ART HOLDINGS LIMITED (13470550) - Active	✔	✔		✔	✔			✔
AMORARTIS MIDCO LIMITED (13472617) - Active		✔		✔	✔			✔
AMORARTIS BIDCO LIMITED (13475077) - Active		✔		✔	✔			✔
MONTPELLIER MANAGEMENT HOLDINGS (13787228) - Active				✔	✔			✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2015-07-10	2014-07-10	2013-07-10	2012-07-10	2011-07-10
AMORARTIS LTD	ORDINARY	200 100%	200 100%	200 100%	200 100%	0 0%
; 200 ORDINARY SHARES HELD AS AT 2011-07-10	ORDINARY	0 0%	0 0%	0 0%	0 0%	200 100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

- - >75%:Eso Amoratis Investco Lp (Lp021872 - United Kingdom) ceased
    50%-75%:Ms Helen Elizabeth Swaby - active
    >75%:Amorartis Group Holdings Limited (13470550 - United Kingdom) active
    >75%:Amorartis Midco Limited (13472617 - United Kingdom) active
  >75%:Amorartis Bidco Limited (13475077 - United Kingdom) active
- 25-50%:Ms Helen Elizabeth Swaby - ceased
>75%:Amorartis Limited (06046527 - United Kingdom) active

Controlling entities above

DE MONTFORT FINE ART LIMITED

Controlled companies below

>75%:WHITE WALL GALLERIES LIMITED (05646802 - UK) active

LATE PAYMENTS REPORT

Start date	End date	Average days to pay	% invoices paid over 60 days	% invoices not paid within agreed terms	Gov.uk report
2019-02-01	2019-07-31	28	5%	1%	22750
2018-08-01	2019-01-31	29	6%	2%	22747
2018-02-01	2018-07-31	27	6%	64%	6595
2017-08-01	2018-01-31	28	7%	64%	718

COURT CASES

Date	Title	Reference	Subject
2011-02-18	Acre 1127 Ltd (Formerly known as Castle Galleries Ltd) v De Montfort Fine Art Ltd	[2011] EWCA Civ 130
2011-02-09	Acre 1127 Ltd (In Liquidation) v De Montfort Fine Art Ltd	[2011] EWCA Civ 87

PATENTS

No Patents found

COMPETITORS

(Based on Sic code: 47781 Retail sale in commercial art galleries)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
LISSON GALLERY LONDON LIMITED	52-54 BELL STREET, LONDON, NW1 5DA	01691363	2018-01-31	61,516,226	0
DE MONTFORT FINE ART LIMITED	DE MONTFORT HOUSE, EUROPA WAY, LICHFIELD, STAFFORDSHIRE, WS14 9NW	02402634	2018-07-31	48,850,110	3,208,176
RICHARD GREEN (FINE PAINTINGS)	147 NEW BOND STREET, LONDON, W1S 2TS	00742569	2017-12-31	46,474,689	716,679
ROBILANT FINE ART LIMITED	1ST FLOOR, 38 DOVER STREET, LONDON, UNITED KINGDOM, W1S 4NL	08374210	2018-04-30	10,892,949	0
URMI ART LONDON LIMITED	9 SEAGRAVE ROAD, LONDON, SW6 1RP	08933294	2018-03-31	4,843,619	0
REDFERN GALLERY LIMITED	20 CORK ST, LONDON, W1S 3HL	00192194	2017-12-31	1,544,807	0
BREWERY ARTS (TRADING) LIMITED	BREWERY COURT, CIRENCESTER, GLOS, GL7 1JH	02280161	2018-02-28	583,636	0	55100-Hotels and similar accommodation 55202-Youth hostels 56102-Unlicensed restaurants and cafes
THE UNICORN GALLERY LIMITED	38 VICTORIA ROAD, WIDNES, ENGLAND, WA8 7RJ	07209302	2018-04-30	228,512	0
FINDERSKEEPERS FINE ART ETC. LIMITED	4 HIGH STREET SEAVIEW ART GALLERY, 4 HIGH STREET, SEAVIEW, ISLE OF WIGHT, ENGLAND, PO34 5ES	09916333	2018-12-31	53,581	0
DARK WATER GALLERY LIMITED	UNIT 9, GHYLL INDUSTRIAL ESTATE, HEATHFIELD, ENGLAND, TN21 8AW	09501460	2018-03-31	40,834	0
GALLERY/TEN LTD	R/O 143 DONALD STREET, DONALD STREET, CARDIFF, WALES, CF24 4TP	08307478	2018-11-30	38,282	0
ALBION FINE ART LTD	9 OXFORD ROAD OXFORD ROAD, ADDERBURY, BANBURY, ENGLAND, OX17 3NF	08426965	2018-03-31	27,697	0
TAYLOR'S STORES LIMITED	THOMAS HARRIS 1929 SHOP MERTON ABBEY MILLS, 18 WATERMILL WAY, LONDON, SW19 2RD	04065273	2018-09-30	17,744	0
RIVEN GALLERY LTD	C/O COMPANIES MADE SIMPLE, 20-22 WENLOCK ROAD, LONDON, ENGLAND, N1 7GU	07213120	2019-09-30	3,974	0
FINE ART COMPANY LONDON LTD	4 GREENDALE ROAD, NUNEATON, CV11 6RN	08028223	2018-04-30	3,956	0
KAREN HAZEL LIMITED	15 QUEENS AVENUE, CANTERBURY, KENT, UNITED KINGDOM, CT2 8AY	09283541	2018-10-31	3,186	0	47910-Retail sale via mail order houses or via Internet
MILLTOWN LIMITED	2 THE DRIVE, COWPE, ROSSENDALE, LANCASHIRE, ENGLAND, BB4 7AE	08681402	2018-10-31	1,040	0
ART DAMAGE LIMITED	3 BAKERS LANE, SHUTLANGER, NORTHANTS, NN12 7RT	07049044	2018-12-31	0	0
THEROBINMAN LTD	39 PARK ROAD SOUTH, MIDDLESBROUGH, TS5 6LE	07777260	2018-09-30	0	0
NEW BREWERY ARTS LIMITED	BREWERY COURT, CIRENCESTER, GLOUCESTERSHIRE, GL7 1JH	02388534	0000-00-00	0	0	56101-Licensed restaurants 90030-Artistic creation
RICHARD GREEN GALLERIES LIMITED	147 NEW BOND STREET, LONDON, W1S 2TS	00980701	0000-00-00	0	0
RICHARD GREEN MASTER PAINTINGS LIMITED	147 NEW BOND STREET, LONDON, W1S 2TS	01454116	0000-00-00	0	0

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
DE MONTFORT FINE ART LIMITED	0.7%	4.2%	7.1%	Medium
Other companies Active in the same sector	0.3%	3.3%	6.9%	Medium


Age	0.3%	1.3%	2.4%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.6%	7.2%	9.6%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium