# Stephen Friedman Fine Art Limited (03023293)

> Why UK company 03023293 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03023293

- **Status:** In administration
- **Administration began:** 2026-02-12
- **Administrators:** Glyn Mummery, Nedim Patrick Ailyan
- **Administrators' firm:** FRP Advisory
- **Formerly:** Jetarch Limited
- **Incorporated:** 1995-02-17
- **Location:** Orpington
- **Industry:** 47781 Retail sale in commercial art galleries

## Why it went into administration

- Cash flow / liquidity pressure

## From the administrators' statement

The Company was founded in 1995 in London's Mayfair district, operating from Cork Street as the Stephen Friedman Gallery - a contemporary art delearship and exhibition gallery, before later attempting to expand to New York in 2025. The Company represented a roster of internationally recognised and reputable artists, including the likes of David Shringley, Yinka Shonibare and Kehinde Wiley.

For a number of years the business traded successfully from the Trading Premises, upholding the well established Stephen Friedman brand and name. The Trading Premises was obtained via a lease from the Landlord.

The Company's director, Stephen Friedman, is and has been the sole director owning 100% of the total share capital. Prior to the Administration, the Company employed 27 members of staff and an additiional 5 members of staff, situated in the US, overseeing US operations and clientele.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03023293/filing-history/MzUxMjU1NTI2NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03023293

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.