Barnes & Mullins Limited

Barnes & Mullins Ltd, based in Oswestry, UK, is a well-established holding company with an active status, having operated for 48 years. The company, employing 39 people, holds assets valued at £6,431,657. It’s a significant player, meeting the criteria for a large company due to its turnover and balance sheet size. Five directors and one owner guide the business, which also features an e-commerce site and a stellar 5.0 Google rating from six reviews.

The company’s core business revolves around the import and export of musical instruments and parts, with a substantial 1047 months of import activity and 480 months of export activity recorded. It owns several other businesses, including Shergold Guitars London Limited, Hidersine Company Limited, Barnes & Mullins (manufacturing) Limited, and Terry Gould International Limited.

Financially, Barnes & Mullins Ltd shows a mixed picture. While cash and cash equivalents increased by a substantial 140% to £1,700,000, net assets decreased by 9.3% to £5,400,000. Bank borrowings increased by 2,400% to £29,000, and trade debtors ballooned by 890%, suggesting delayed customer payments. Despite these challenges, creditors decreased by 18%, indicating improved debt management. The company's net loss deepened from -£10,000 to -£23,000. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

Troubadour Investments Ltd owns Barnes & Mullins Limited. The company’s current legal name is BARNES & MULLINS LIMITED. The company has chosen in accordance with Companies Act 2006, s. 414C(11) to set out in the company’s strategic report information required by Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008, Sch. 7 to be contained in the directors’ report.

Registered in England/Wales under the registration number 01305000, with a registered address at SY10 8GA, Oswestry, Shropshire, Unit 14 Mile Oak Industrial, Estate Maesbury Road.

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