Algam Ashdown Limited

Algam Ashdown Ltd, based in Maldon, UK, is a small holding company with an active status, established 29 years ago. With four employees and £788,149 in assets, it operates from a real address and is overseen by two directors and one owner. The company regularly imports and exports electrical machinery and equipment, with 46 months of import activity and 49 months of export activity recorded.

The company’s website reveals Algam Ashdown Ltd is a distributor of music products and event technology, operating as the British arm of a larger European company. It offers a wide range of brands, including guitars, pianos, audio equipment, lighting, and accessories, catering to both professional musicians and hobbyists. The website functions as an online shop, allowing customers to browse and purchase products directly. It also provides detailed information about each brand and product, along with technical specifications and customer reviews.

Financially, Algam Ashdown Ltd’s recent report shows some concerning trends. Accumulated amortisation and depreciation have increased, and current assets have decreased by 29% to £790,000. Bank borrowings have increased significantly, and cash reserves have fallen. Although the company’s equity has decreased, it’s important to note that the company is small, meeting two of three criteria for being classified as such. The company’s creditors have also decreased, which could indicate better debt management. As a small company, it is exempt from an audit, so the financial data is unaudited.

Overall, Algam Ashdown Ltd appears to be navigating a period of financial adjustment, with a focus on maintaining its position as a key distributor within the music and event technology sector. The company's wide product range and online presence suggest a commitment to serving a diverse customer base, but the recent financial trends warrant close monitoring.

Registered in England/Wales under the registration number 03113078, with a registered address at CM9 4NJ, England, Maldon, Essex, The Old Maltings Hall Road, Heybridge.

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