Do you have a dispute with a business?
Make it public
THE PACE GALLERY LIMITED
5 HANOVER SQUARE, LONDON, W1S 1HQPrevious name: DMWSL 630 LIMITED (changed on 12-Mar-2010)
Company Number: 07117911
Incorporation date: 06-Jan-2010
Status: Active
Entity type: Private Limited Company
SIC codes:
47781 Retail sale in commercial art galleries
SUMMARY
This company is 14.3 years old and is currently active. It is controlled by multiple entities. The company has negative equity (net assets) of USD -11.7 million which has worsened since the previous year's figure of USD 0. The latest reported revenue figure is USD 54.5 millionThe company has 2 active officers (directors or partners) who are or were officers of 1 other company. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Sep-2024Accounts Filed: GROUP (31-Dec-2022)
P&L Financials:
| Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
|---|---|---|---|---|---|---|---|
| 31-Dec-2019 | USD | 54,534,574 | 1,580,351 | 8,165 | 772 | 1,587,744 | |
| 31-Dec-2018 | USD | ||||||
| 31-Dec-2017 | USD | 33,953,424 | -5,718,618 | 7,061 | -5,711,557 |
Balance Sheet Financials:
| Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
|---|---|---|---|---|---|---|---|---|---|
| 31-Dec-2019 | USD | 1,856,554 | 13,761,474 | 29,996,094 | 2 | -11,665,913 | |||
| 31-Dec-2018 | USD | 13,397,146 | 20,158,883 | 33,069,478 | 2 | -10,454,690 | |||
| 31-Dec-2017 | USD | 12,473,148 | 19,434,296 | 34,824,947 | 2 | -13,085,737 | -13,085,735 |
VALUATION EVENTS (BETA)
| Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
|---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
|---|---|---|---|---|---|---|
| Resigned | DM COMPANY SERVICES (LONDON) LIMITED | 06 Jan 2010 | 24 Feb 2010 | 13 - 331 |
DIRECTORS
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
|---|---|---|---|---|---|---|---|
| Active | Christopher Walton HARNDEN | 08 May 2017 | Art Gallery Executive | American | 1 - 0 | 0 (0.0%) | |
| Resigned | Andrea Kristin GLIMCHER | 01 Sep 2012 | 06 Jan 2016 | Company Director | American | 0 - 1 | 0 (0.0%) |
| Resigned | Mollie Evangeline DENT BROCKLEHURST | 07 Jan 2011 | 01 Jun 2017 | None | British | 0 - 6 | 3 (50.0%) |
| Active | Marc Cooper GLIMCHER | 24 Feb 2010 | Director | American | 1 - 0 | 0 (0.0%) | |
| Resigned | Martin James MCNAIR | 06 Jan 2010 | 24 Feb 2010 | Solicitor | British | 0 - 239 | 85 (35.6%) |
Average tenure of active directors: 10.6 years
Average tenure of resigned directors: 3.3 years
Average active director Dissolution Rate: 0.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
| Shareholder name | Share class | Shares at confirmation date | ||||
|---|---|---|---|---|---|---|
| 2017-01-06 | 2016-01-06 | 2015-01-06 | 2014-01-06 | 2013-01-06 | ||
| THE PACE GALLERY LLC | ORDINARY | 1 100% | 1 100% | 1 100% | 1 100% | 1 100% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
THE PACE GALLERY LIMITED
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
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 |
|---|---|---|---|---|
| THE PACE GALLERY LIMITED | 0.7% | 3.6% | 7.1% | Medium |
| Other companies Active in the same sector | 0.3% | 3.3% | 6.9% | Medium |
| Age | 0.4% | 1.7% | 3.3% | Medium |
| Company Type | 0.7% | 3.7% | 7.4% | Medium |
| Accounts category | 0.6% | 1.5% | 2.5% | Medium |
| Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
| Sic code count | 0.7% | 3.5% | 7.0% | Medium |
