INVERBEG GALLERY LIMITED

168 BATH STREET, GLASGOW, G2 4TP

Company Number: SC530682
Incorporation date: 24-Mar-2016
Status: Active
Entity type: Private Limited Company

SIC codes:
47781 Retail sale in commercial art galleries





SUMMARY

This company is 8 years old and is currently active. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -394.3 thousand which has worsened since the previous year's figure of GBP -365.9 thousand. The company has 2 active officers (directors or partners) who are or were officers of 6 other companies, 1 (16.7%) 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 no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 28-Feb-2025
Accounts Filed: MICRO ENTITY (31-May-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-May-2022 GBP 80,380 672,217 -394,258
31-May-2021 GBP 107,105 683,151 -365,938
31-May-2020 GBP 110,832 674,850 6,155 -346,696
31-May-2019 GBP 106,372 632,516 10,129 -298,303
31-May-2018 GBP 112,029 586,133 -244,104
31-May-2017 GBP 84,776 650,748 -325,972

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Boo KHOO 20 May 2016 10 Jul 2017 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Peter Mcpherson BOYD 14 Jul 2017 Director British 1 - 00 (0.0%)
Resigned David GALBRAITH 13 May 2016 10 Jul 2017 Director British 1 - 62 (28.6%)
Resigned Paul Teng-Leong KHOO 13 May 2016 10 Jul 2017 Director British 4 - 52 (22.2%)
Active John Mccormick BOYD 13 May 2016 Director British 4 - 43 (37.5%)
Resigned Peter DUFF 24 Mar 2016 13 May 2016 Solicitor British 6 - 4921 (38.2%)
Number of active directors: 2
Average tenure of active directors: 7.3 years
Average tenure of resigned directors: 0.8 years
Average active director Dissolution Rate: 18.8%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
DAVID WYSE LIMITED (SC042251) - Active - Proposal to Strike off
WALKINSHAW STREET LIMITED (SC530675) - Active - Proposal to Strike off
GOUROCK GIFTS LIMITED (SC530678) - Active
JUMBO GIFTS LIMITED (SC530679) - Active
INVERBEG GALLERY LIMITED (SC530682) - Active
WYND GALLERY LIMITED (SC530684) - Active
DANKRIC LIMITED (SC530697) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

INVERBEG 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
INVERBEG GALLERY LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector 0.3% 3.3% 6.9% Medium
Age 0.6% 2.5% 4.9% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.3% 1.2% 1.8% Medium
Accounting Month 0.6% 6.1% 8.0% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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