Armstrong Music Ltd

Armstrong Music Ltd, based in Ashford, UK, is a small, active company founded three years ago. With three employees and £404,083 in assets, it’s a modest operation led by a single director and owner. The company operates an e-commerce site with a stellar 5.0 Google rating from 60 reviews, specializing in musical instrument parts and accessories. It’s a regular importer, bringing in instruments and parts for the past three months, with the most recent import occurring in November 2024.

The company’s website, Guitar Parts UK, caters to musicians and repair shops, offering a vast selection of guitar parts, from bodies and necks to hardware and electronics. It’s a one-stop shop for guitar enthusiasts, with a focus on quality and competitive pricing. The site boasts a wide range of brands, including Kent Armstrong, Gotoh, and Fender, appealing to both professional luthiers and hobbyists. It’s clear they are aiming to be a go-to source for guitar parts, with a detailed catalog and helpful resources.

Financially, Armstrong Music Ltd shows some concerning trends. Accumulated depreciation for furniture has increased by a whopping 100%, while plant machinery has seen a dramatic 99% decrease. Advances to directors have also plummeted by 100%. Bank borrowings have decreased by 45%, and cash reserves have increased by 45%. Creditors have decreased by 5.2%, which is a positive sign. However, the most striking change is the 36% decrease in equity, suggesting a potential drain on the company’s financial strength. Despite meeting two of the three criteria to be considered a small company, the decline in equity is something to keep an eye on. The lack of an auditor mentioned, likely due to its small size, means the financial statements are unaudited.

Overall, Armstrong Music Ltd appears to be a well-regarded supplier of guitar parts, but the recent financial trends suggest it may be facing some challenges. Whether these are temporary fluctuations or a more persistent issue remains to be seen, but the company’s reputation and focus on customer service should help it navigate these pressures.

Registered in England/Wales under the registration number 13844908, with a registered address at TN26 2EJ, England, Ashford, Kent, Woodreeve Farm Capel Road, Ruckinge.

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