Abbey Piano Services Ltd

Abbey Piano Services Ltd, based in Radstock, UK, is a small, active company founded fifteen years ago. With just two employees and £70,557 in assets, it’s a modest operation overseen by two directors and a single owner. The company operates an e-commerce site and enjoys a stellar 5.0 Google rating from fifteen reviews. It's an irregular importer of musical instruments and parts, with its last import activity recorded over a year ago in February 2022.

The company's website details a range of services, including piano tuning and repair, restoration, and even disaster recovery for damaged instruments. It's a private limited company, and its registered address is real, with only one other company registered at the same location. The business operates in the retail sale of musical instruments and scores industries.

Financially, Abbey Piano Services Ltd presents a mixed picture. Accumulated depreciation impairment for computer equipment rose by 43%, while motor vehicle depreciation increased by 57%. Bank borrowings decreased by 32%, and cash reserves remained steady at £48,000. However, current assets dipped slightly, and trade debtors saw a significant increase. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no mention of an auditor, likely due to its small size.

The company’s equity grew by 11%, which is a positive sign, but the increased trade debtors suggest a possible need to manage customer payments more closely. Overall, Abbey Piano Services Ltd appears to be a stable, albeit small, business—though it’s important to monitor those trade debtors to ensure long-term financial health.

Registered in England/Wales under the registration number 07179972, with a registered address at BA3 5PB, England, Radstock, Somerset, Anchor Road Anchor Road, Coleford.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.