Atlas Records Limited

Atlas Records Ltd, based in Taunton, UK, is a small, active company founded seven years ago. With six employees and £171,625 in assets, it operates from a real address and is led by three directors and a solo founder. The business runs an e-commerce site, earning a stellar 5.0 Google rating from 72 reviews. It’s an irregular exporter, primarily dealing in miscellaneous manufactured goods, with its last export operation occurring a year ago.

The website, Atlas Records, is a second-hand record store, specializing in rare and collectible vinyl. It offers a wide selection of artists, genres, and formats, including top artists like The Beatles and Pink Floyd. The site also features a blog with articles on record collecting and restoration, and a section dedicated to rare and collectible albums. It's a well-designed site, with a clear focus on customer service and a passion for vinyl.

Financially, Atlas Records Ltd presents a mixed picture. While its current assets increased by 44% to £170,000, its net assets saw a significant jump, rising 350% to £26,000. Bank borrowings increased by 74%, reaching £6,200, and cash reserves plummeted 98%, leaving just £210. Creditors also increased by 48%, reaching £47,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is typical for small companies.

The sharp decrease in cash reserves is a concern, suggesting the company may be burning through money. However, the increase in net assets indicates improved profitability or equity investment. The company’s success hinges on its ability to maintain its strong online reputation and manage its finances effectively.

Registered in England/Wales under the registration number 11233556, with a registered address at TA3 5PX, England, Taunton, Unit J Creech Paper Mill, Creech St. Michael.

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