Blicken Synths Ltd

Blicken Synths Ltd from Chelmsford UK: small company, active status, founded 6 years ago, 1 employee, £31,527 assets, real address, 2 directors, 1 owner, solo founder. Irregular importer of musical instruments and parts (2 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £31,527.

Blicken Synths Ltd specializes in the sale of Eurorack modular synthesizers and components, operating primarily through its website, infoblickensynths.co.uk. The site boasts a wide selection of modules from various manufacturers, catering to both experienced synthesists and newcomers. It offers a range of products, including arpeggiators, filters, oscillators, and sequencers, alongside accessories like cables and power supplies. The website also features a “New Arrivals” section and a “Sale” section, indicating a dynamic inventory and promotional strategy. It’s clear they are trying to build a community around modular synthesis, with a wish list feature and social media links.

Financially, Blicken Synths Ltd presents a mixed picture. Cash reserves have plummeted a staggering 88%, leaving just £900 remaining—a significant drop. Bank borrowings have also seen a decline, though not as drastic, with current financial instruments decreasing. Creditors have fallen, suggesting improved debt management, but the most concerning trend is the sharp decline in equity, dropping 87% to just £100. While the company's small size helps it remain agile, the substantial decrease in equity raises questions about its long-term financial health. The company's sole employee, presumably the founder, is likely juggling multiple roles. The lack of an auditor mentioned suggests the company is exempt from an audit as a small entity. The company's financial statements are unaudited.

It seems like Blicken Synths Ltd is burning through cash, despite its active online presence and specialized product offering. The irregular import activity, with only two months of imports recorded, may indicate supply chain challenges or a deliberate strategy to manage inventory. It’s possible the company is heavily reliant on sales to sustain operations, and a slowdown in demand could pose a risk.

Registered in England/Wales under the registration number 11514199, with a registered address at CM1 4FN, United Kingdom, Chelmsford, Essex, 4 Dogrose Close.

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