First Line Distribution Ltd

First Line Distribution Ltd from Teignmouth UK: small company, active status, founded 17 years ago, 5 employees, £343,749 assets, virtual address, 2 directors, 1 owner, solo founder. Regular importer of musical instruments and parts (250 months imported). Regular exporter of electrical machinery and equipment (4 months exported). 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 address is probably virtual as 122 companies registered at the same address.

First Line Distribution Ltd operates as a distributor of musical instruments, primarily serving the UK and Europe. Their website highlights a focus on quality products and dealer support, with a long-standing presence in the music industry – over three decades of experience. They’re not an ecommerce site themselves, instead acting as a crucial link between manufacturers and retailers, including online guitar sales. The company's website details a range of products, from electric guitars and bass guitars to amplifiers and guitar care items. They also offer services like dealer resources and even have a news section showcasing new products and industry updates. The company’s office is located in Newton Abbot, Devon.

Financially, First Line Distribution Ltd shows a mixed picture. Current assets have decreased by 19% to £340,000, while net assets have fallen by 12% to £280,000. Bank borrowings have been significantly reduced, dropping 76% to just £180, and cash reserves have increased by 47% to £1,100. Creditors have also decreased by 37%, suggesting improved debt management. The company’s small size helps it remain agile, but the decline in equity raises questions. With no auditor mentioned, the figures are unaudited. The company’s administration support average number of employees remained stable at five. It’s likely that the company is holding steady, but facing pressures.

Registered in England/Wales under the registration number 06381014, with a registered address at TQ14 8AR, United Kingdom, Teignmouth, Devon, 5 Den Road.

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