Forte Music Distribution Limited

Forte Music Distribution Ltd from Monmouth UK: a small, active company founded nineteen years ago, employs five people, and holds £352,941 in assets. It operates from a real address and is led by two directors, with Keeler Simon as the owner. The company regularly imports and exports electrical machinery and equipment, with nineteen months of import activity and forty-two months of export activity recorded.

The company’s website, fortedistribution.co.uk, reveals a business specializing in the distribution of physical and digital music formats throughout the UK and worldwide through its network of partners. It supports both established and emerging artists, offering services like album distribution, merchandise sales, and vinyl pressing. The site also features a blog and a community forum, fostering a sense of connection within the music industry. Forte Music Distribution also owns Arcade Sound Limited.

Financially, Forte Music Distribution Ltd presents a mixed picture. Current assets have decreased by 6.4% to £350,000, while net assets have fallen by 45% to £57,000. Bank borrowings have remained steady, but cash reserves have dropped 37% to £23,000. Creditors have increased by 33%, and trade debtors have fallen by 9%. 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 stay nimble, but the decline in net assets suggests a need for careful financial management. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Forte Music Distribution Ltd appears to be a small but established player in the music distribution market, facing typical challenges for a small business. The company’s focus on independent artists and its commitment to both physical and digital formats position it well for continued success, but a closer eye on financial health is advisable.

Registered in England/Wales under the registration number 05474816, with a registered address at NP25 3SR, Monmouth, Gwent, Forte Music Distribution Wyastone Business Park, Ganarew.

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