Ampman Audio Services Ltd

Ampman Audio Services Ltd, based in Finchley, UK, is a small, active company founded thirteen years ago. Employing just four people, the company holds £153,597 in assets and operates from a virtual address – a point to note as 185 companies share the same address. It’s a solo founder operation, managed by one director and owner, and enjoys a stellar 5.0 Google rating based on 33 reviews. The company regularly imports and exports electrical machinery and equipment, with a history of 42 months of imports and 17 months of exports.

The company’s website reveals a specialized business focused on professional audio equipment repair and sales. Ampman Audio Services acts as the official UK service center for renowned brands like RCF, Lab.gruppen, and Karray, offering warranty repairs and component-level services. They also operate an online shop selling spare parts, accessories, and tools. The site highlights their expertise in audio restoration and even supports a separate venture, 1066 Pianos, a high-end piano restoration business.

Financially, Ampman Audio Services Ltd presents a mixed picture. While current assets increased by a healthy 72% to £150,000, equity significantly dropped 66% to just £3,300. Bank borrowings surged by 150%, reaching £20,000, and cash reserves plummeted 98% to a mere £200. Trade debtors ballooned by a staggering 180%, suggesting potential issues with customer payments. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the sharp decline in equity warrants attention. The absence of an auditor, likely due to its small size, means these are unaudited figures.

Overall, Ampman Audio Services Ltd appears to be navigating a period of change. The strong Google rating and specialized services indicate customer satisfaction, but the financial trends suggest a need for careful management and a focus on improving cash flow.

Registered in England/Wales under the registration number 07944107, with a registered address at N3 2SZ, England, Finchley, London, 3rd Floor Marlborough House, 298 Regents Park Road.

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