Chord Event Limited

Chord Event Ltd, based in Horsham, UK, is a small, family-run business with an active status. Founded nine years ago in 2016, it employs three people and holds assets totaling £492,049. The company operates from a real address and is overseen by two directors and two owners. Chord Event Ltd regularly imports iron or steel products, with three months of import activity recorded, the latest in June 2024. It also exports aluminum and aluminum products, though less frequently, with two months of export activity as of November 2023.

The company’s website, Chord Electronics, focuses on high-end audio equipment for enthusiasts and professionals. It’s a British manufacturer specializing in components like the Mojo 2 and the ULTIMA series, selling directly to consumers and through a network of dealers. The site emphasizes its commitment to uncompromising sound quality and British craftsmanship, highlighting partnerships with prestigious retailers like Harrods and awards from What HiFi?. Chord Electronics also offers piano restoration services via 1066 Pianos.

Financially, Chord Event Ltd shows some concerning trends. Creditors increased significantly, jumping 49% to £510,000, while cash reserves decreased by 34% to £340,000. Bank borrowings also fell by 40%, reaching £16,000. On the positive side, current assets increased by 53% to £490,000, and trade debtors increased by a staggering 140%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increase in creditors suggests a need for careful financial management. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Chord Event Ltd appears to be a well-regarded manufacturer facing some short-term financial pressures. Its focus on high-end audio and British manufacturing provides a strong foundation, but managing its liabilities will be key to its continued success.

Registered in England/Wales under the registration number 10025495, with a registered address at RH12 3AS, England, Horsham, Pollingfold Farm Horsham Road, Ellen's Green.

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