Bishop Instruments & Bows Ltd

Bishop Instruments & Bows Ltd from London UK: small company, active status, founded 18 years ago, 4 employees, £1,164,752 assets, real address, 1 director, 1 owner, google rating 5.0 based on 31 reviews. Regular importer of musical instruments and parts (13 months imported). Bishop Instruments & Bows Ltd is a small, active company based in London, UK, with a strong online presence and a stellar 5.0 Google rating from 31 reviews. Established eighteen years ago, the company employs just four people and boasts assets totaling £1,164,752. It operates from a real address and is managed by a single director and owner. The company regularly imports musical instruments and parts, with thirteen months of import activity recorded.

The company’s website showcases a specialist business focused on fine instruments, antique violins, cellos, and violas. It operates primarily by appointment only, offering a personalized service to musicians and collectors. The site highlights Sean Bishop, the director, as a specialist fine instrument dealer with an international client base, emphasizing the company's expertise in sourcing and restoring high-quality instruments. The website also features a blog, testimonials, and information about staff wanted, showcasing a commitment to customer service and a vibrant community. A recent addition is a brand-new showroom next door to the British Museum, offering a fantastic space for clients to browse their extensive collection.

Financially, Bishop Instruments & Bows Ltd presents a mixed picture. While current assets increased by a substantial 66% to £1,200,000, net assets also jumped significantly by 99% to £310,000. However, bank borrowings decreased by -44% to £13,000, and cash reserves plummeted by -93% to just £1,500. Creditors increased by 57% to £860,000, suggesting increased reliance on trade credit. The company’s small size—meeting two of three criteria for being a small company—allows for agility, but the significant increase in creditors warrants further attention. There is no auditor mentioned, likely due to the company's small size and exemption from an audit. Overall, Bishop Instruments & Bows Ltd appears to be a thriving business with a strong reputation, but the financial data suggests a need to carefully manage its liabilities.

Registered in England/Wales under the registration number 06150133, with a registered address at WC1B 3PS, England, London, 2nd Floor 92/93 Great Russell Street.

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