Djm Music Limited

Djm Music Ltd from Tonbridge UK is a small, holding company with an active status. Established 23 years ago in February 2002, the company employs 13 people and holds assets valued at £366,986. It operates from a real address and is managed by three directors, with one owner. The business runs an e-commerce site and regularly imports musical instruments and parts, with a history of 49 months of import activity.

The company’s website showcases a wide range of musical instruments and accessories, from guitars and drums to violins and woodwind instruments. It caters to both beginners and experienced musicians, offering a diverse selection of products and brands. The site's extensive product listings, categorized by instrument type and accessory, suggest a comprehensive offering for music enthusiasts. It's clear they're focused on retail sales via mail order and online.

Financially, Djm Music Ltd presents a mixed picture. While cash reserves increased by 19% to £17,000, bank borrowings surged by 2,400% to £29,000. Trade debtors increased by 500% to £33,000, suggesting a potential issue with customer payments. Creditors decreased by 11% to £100,000, which is a positive sign. The company's small size—meeting two of three conditions for a small company—helps it remain flexible, but the increase in debt raises some questions. The company’s unaudited accounts are signed off by Watson Associates (Audit Services) Ltd.

The company’s recent growth in average employees, increasing by 23% to 16, could be a sign of expansion or increased workload, but it also adds to the operational costs. The decrease in property, plant, and equipment by 53% to £970 is a little concerning, but could be due to depreciation or asset sales. Overall, Djm Music Ltd seems to be navigating a period of change, balancing growth with financial pressures.

Registered in England/Wales under the registration number 04371616, with a registered address at TN12 6UT, Tonbridge, Kent, Unit 9 Dana Estate, Transfesa Road Paddock Wood.

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